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mdb1

05/01/14 10:42 AM

#86956 RE: Mugwumps88 #86955

Really what did you expect.
All SNEY has really done is move some dredges.
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coloradoKid

05/01/14 10:45 AM

#86957 RE: Mugwumps88 #86955

I see this as an opportunity for us longs, really. Are we frustrated about the stock price? Yes!! But, have the fundamentals changed? No!!! SNEY is building a major position in west African mining using the hard work and good faith of its workers and revenue reinvestment. No dilution. So, this temporary stumble on Wall Street will have zero long term effect on the value of the company.

No, what I see is a last minute buying opportunity for us longs to get those shares we regret not securing when the price was last at these levels. Keep in mind that this sale will not last long. I bet by middle of next week, the share price will have already recovered and perhaps even shot past a penny by then. Who knows? We will just have to wait and see.
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risk on

05/01/14 2:34 PM

#86975 RE: Mugwumps88 #86955

Correct; " 410,000 in volume doesn;t seem like a max exodus", and the lack of volume is the pps best friend right now, because even if people wanted to leave, they can't, without destroying the bid side and price, no liquidity right now.