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Alias Born | 04/23/2012 |
Tuesday, April 23, 2013 8:26:28 PM
Dear Fellow Bloggers,
Given the recent increase in Smme's share price I consider it necessary to correct a statement which I made or at least a question I posed in my post 2597.
Given there remains no news about capital raising or production of keyring or other products it's apparent that the price increases this past week are based on those others factors which I said were not present in Smme's case.
Why else has Smme's price increased? Perhaps someone knows something that I don't!
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Post 2597
"There are of course other factors which drive a company's price,greed,fear,speculation,emotion,are but a few however none of these other elements appear up to this point in time had any influence in driving Smme's share up. Not least the prospect that SMME could receive a windfall from any successful litigation now playing out in the courts worth many millions if not billion(s) of dollars. None of this appears to have influenced the share price in its quest to head northwards. This leaves me puzzled and I'm regularly asking myself why"?
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I'm not complaining mind you given my substantial shareholding and increase in value this past week but I remain cautious while we wait for actual news on production and product release.
LMU
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