Replies to post #64086 on Sarissa Resources Inc (SRSR)

[Max Power]

well for one, if everyone does that the price will drop to destruction level... and if you sell and they freeze the trading for a huge announcement or buyout and you are out you will cry like a baby...and there is no certainty that you will be able to get back in lower! you bought because you thought the pps would increase... do you still think so? i know i do.

[goldenbear]

You're being emotional, not logical. Have some patience, Doc. If this stock was climbing about 0.30 right now would you be selling? My guess is you wouldn't because you would believe it to be going much higher. Why then would you sell when it goes down?

1) The report came out only 3 days ago showing better than expected results.
2) Scott Keevil is still the CEO.
3) What do you expect from a junior exploration company? They are traded on the pink sheets so if you believe in this company, hold it for long term.
4)

[stocktrader1]

Doc - it looks like others are taking your advice. New lows still hitting and the volume is very high. More waiting....

[PAUL_M_ ARCHOS]

CHECK THE PRICES OF 5, 15, 50, 200 SMA

IT IS UP TO YOU TO BUY OR SELL AT ANY OF THE PRICES ABOVE MOVING AVERAGES

[dmbao]

I am not sure the catalyst that will tie value on the minerals to share price. I really don't think the result would be any different if the results would have been double.

The issue is folks were looking for a particular reaction in the stock price that they didn't get so they sold.

It took 86 million in volume to get it up from 8 cents to Fridays closing price and only 35 million to bring it back to 8 cents.

Those numbers tell me we haven't yet been discovered or significant investors don't care at this point. There has been very little bid support in the fall. If in fact there were big investors waiting on the sidelines for the NI report they certainly haven't been aggressively buying in its fall. If our results were 5 billion, 12 billion or 50 billion it is not clear that just putting out a compliant report is enough to bring value to the PPS.

So the point seems to be no one really has a clue on how to value the company at this point but someday there will be a customer who wants those minerals and will pay for them and the value will be much higher in my opinion at that time.

[the cork]

Lots of ways to look at it. Another is to double down while the getting is good, cut your loss by 50% (as opposed to immediate sell), and make twice as much on the way back up.

You've may have been in the red about what, about a week?

It's no biggy. It comes back with higher highs and higher lows. GL dr.

GLTA !!

[Mr Theodore Dick]

It does cross my mind to sell my millions of shares now...wait until the price continues to march down and buy back more shares at that time...----Quote

I think the Market Makers of SRSR know that many people with millions of shares were disapointed with the fact that Keevil said we will be drilling and testing for another 18 months.

I read on a post a few days ago that Market Makers can see if people have a sell order for let's say 1 million at a limit price of 12 cents. The MM's can then keep the price under the 12 cents and wait for the big seller to come down with his price. I think the MM's see a whole lot of selling orders and the limits these sellers wanna sell at.

Just my opinion