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Ricnat

11/25/10 8:39 AM

#5248 RE: VBgood #5244

Isn't it great to see all our post friends HAPPY and enjoying a nice Thanksgiving day !!!!

You're right, it was a great news. Bid and ask at 1.14$ actually on TSX at this hour. Youppppiiiii ! It is just the beginning of a bullish trend.

I've got to go to work to make more $$$ LOLLLLL

HAVE A GREAT DAY MY FRIENDS !
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Lojiko

11/25/10 9:22 AM

#5249 RE: VBgood #5244

"big investors know more then most of us in order to infuse the company with so much money"

What you say is true, VB, but I should caution that big investors also have different sell points than we individual investors.

A lot of price projections are getting thrown around, up to $7.50. Although the investors behind the $30M placement may be willing to hold on that long, they may plan on selling at $2 for a quick $30M profit + they still have the warrants if they want to buy in later for a guaranteed profit.

For us, it's quite different. If a typical investor has 50K shares at $0.50/sh, the SP is going to have to move quite a bit if we want to make a profit significant enough to pay off our house, pay off debt, save for our kids' college, have a nice retirement nest egg, etc. The point being that just because the big investors are buying in doesn't necessarily mean they're going to drive the SP to a point that will make our individual investment dreams come true. There's nothing wrong with taking profits here and there on the way up.