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Re: CHS1 post# 3975

Tuesday, 09/24/2013 1:08:21 PM

Tuesday, September 24, 2013 1:08:21 PM

Post# of 17041
It is still possible to get out. However, you have to look at the company, not just the shares or the volume. I'll give you an example. My company is private. If it were public in 2008 when the natural gas boom hit, my stock would have been through the roof. Then there was a huge surplus of natural gas for 5 years because all oil companies were going after it. The demand went down and work became scarce because nobody was drilling. In 2009, 10, 11, and 12 I grossed significantly less, but still netted the same because my costs were down from using less equipment. If I were public, my shares would have slashed in half or less because my gross profit was so much lower than in 2008. However, this year, the country has started shipping liquified natural gas overseas and it believes Liquified natural gas is the future, thus the drilling has started again and my gross profit will be much higher. If I had shares, they would once again shoot up. This is the way I see Silverton. They are a real company. Even if Ron Miller posts a loss in October, if he has cut costs and the loss is significantly less than it was in March, then the company is headed in the right direction and this stock could still have a chance at a good rally.