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Re: Itza-Sherbet post# 11223

Monday, 01/06/2014 11:08:04 AM

Monday, January 06, 2014 11:08:04 AM

Post# of 47873
There are always pricing inefficiencies in the OTC market but I would say that in general, a stock's price will gravitate toward its true current "value" based on supply and demand. For whatever reason (probably DMRJ supply in the low 1.00s and investor fatigue and disappointment due to lower than expected revenues), lately there has been sufficient supply and low enough demand to keep the price under 1.00. So I'm not sure that a higher price is "merited" right now. I agree that over the medium to long term, a higher stock price is likely, but we will need to see sales eventually.

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