InvestorsHub Logo
Followers 6
Posts 233
Boards Moderated 0
Alias Born 10/05/2011

Re: nazman post# 831

Tuesday, 02/26/2013 6:22:05 PM

Tuesday, February 26, 2013 6:22:05 PM

Post# of 4817
Nazareth:

You mentioned in your post that 'buying now is pointless'. Is that your belief or was that from some source that you read? I wasn't sure how to take that.

I guess whether or if one thinks the current sub offering pps of $4.00 by Institutions who (at least to me) have the wherewithal of due diligence into equities (like ATRS) that would put me to shame, is at the buying level to be labeled "pointless", is a matter of opinion.

To me, the Offering at $4.00 (and gobbled up) by the Institutional Investment firms, were just another confirmation that my long term investment horizon is still the right choice.

I happen to agree with you regarding any pps sustainability will come with bottom line rev's fostering profitability. Until then, the pps will trade in a volatile (relatively speaking) manner in both directions. And I'm looking for those swings (up and down)to be in an overall uptrend as we work the way through the year.
jab9