Replies to post #77072 on World Surveillance Group Inc (fka WSGI)

[pokestake]

ok nerd, I think I see what you are saying now. If the worth of the company as calculated by accountants is what you are saying that the share price doesn't accurately reflect, then I totally agree.

Perhaps we were talking while using two definitions of worth. I didn't think anyone expected share price to accurately equate with the worth of a company as determined by accounting practices. If it did, the market would be a different reality from the one that it is.

[Scion_of_Greed]

Nerd, are you suggesting that the market has been too efficient in regards to GTEM.PK?

Let's review shall we: GTEM.PK never has had a meaningful Institutional base...but...what it did have has left the party...largely due to de-listing and penny stock status. Moreover, the tutes that did hold were total market funds or nano funds who performed nada DD on GTEM.PK.

The small investor (such as yourself) have responded in predictable fashion - many sold (a wise decision IMHO), some stayed but the supply of available shares remained...in walks mgt. - dumping more shares on the market (for survival) and what you have is a market makers wet dream. Don't give the sellers squat and when the few buy orders come in....fleece them (as evidenced by the poor sap this morning that purchased a whopping 1,200 shares @ .25 only to see his new paradigm shifting investment give back 10% on the very next odd lot sale. Cruel world ain't it?

So...you own a penny stock with pitiful volume. You own a stock ripe for MM manipulation. You own a stock where the underlying company's only mechanism for paying the bills is by diluting you further. Meanwhile they're handing over $45,000 to former insiders that by even Mide's account is a conflicted situation and you wonder where the value is???

The market is right and the price is even more predictable. And trust me...it can and will go lower.