Share value should increase over time.
Agreed, and I'm confident it will. The only problem I have is the definition of time.
I contend it is different for the pink sheet investor, than it is for company insiders already sitting on substantial share positions and drawing a salary.
I want to be considered a "long" in that I will leave a substantial % of my oil and gas play budget right here.
That said, I can't wait month after month after month...for the kind of appreciation that doesn't seem to happen (but will some day...just wait, you'll see).
If I want to play long and wait, there are all sorts of other larger cap options out there to put my money in.
Put another way, if I'm going to play a long term trading strategy, I'll go where that makes sense.
A pink sheet trading strategy is necessarily different, uses shorter terms, and counts on getting in and out within a shorter time frame.
Seems like these guys want it both ways.
I'd be happy with either one, just wish they'd pick one and go with it.
Management should appreciate the fact that the internet has opened the doors to more investors.
Without shareholder monies derived from internet trading they might not even have a company to be in charge of, and as such should consider it a priority (and privilege) to provide updates, press releases and the like. Not only boosts shareholder confidence, it might accidentally increase the PPS.
In the mean time, I'm sitting on a fair pile of stock that's not doing anything right now. It's costing me not only what it's NOT making right now, but the income from using the same money somewhere where it would be productive.
That make sense to anybody else, or am I way off base?
GLTA !!