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Monday, December 02, 2013 3:42:03 PM
Stocks trade on forward expectations. The comment that revenue won't happen until 2014 so I can sit and take cheap shares from impatient investors is a huge mistake.
As soon as Canada is announced... the anticipation of the potential revenue will drive this stock much higher. The individual with the large stock on the offer will get taken out very quickly and the stock he has on the bid will be left in the dust. He will be paying up big time and I'm A-OK with that.
The fact that he is holding the stock back is deterring others from buying the stock. And in some cases there may be some larger investors willing to throw in the towel and sell all.
The come back to that is... well then I'll buy up all of those shares too.
The problem?? without attracting any new investors there will be no stock movement. There is no guarantee that a stock price will rise. Even with revenue to support it.
But, it's a free market and we will all suffer because of this tactic...
And that's too bad!!!
getrdun
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