News Focus
News Focus
icon url

retiredyoung99

03/09/12 3:56 PM

#12238 RE: BullionNation #12235

Are you referring to my posting in re the AMEX listing? You don't say so but since it comes in such close proximity to mine, I will respond.

I do not think that it is "nonsense" to attempt to temper the enthusiasm that you have regarding the AMEX listing. Of course, it is a big step forward to recognition by the investment community. Of course, the listing has the possibility of supporting a larger PE for USSIF.

But I do not think that it is "nonsense" to be cautious. No stock is a sure thing to advance in price. There are many good stocks on the AMEX that do nothing in terms of share holder return.

Even with the AMEX listing, ANY micro cap stock has risks. It seems to be a given here that the POS of silver will go to $40 or $50 or even more. Not so. The POS of silver actually declined during 2011.

All I am saying is that I find it ironic that enthusiasm is so high in a stock wherein many of us are losing money. Show me the money before you refer to my opinion as "nonsense"!

Oops--I see that our sure thing is down four pennies on an up silver day.
icon url

DeeDog

03/09/12 6:59 PM

#12242 RE: BullionNation #12235

Well said Top, I don't expect miracles but I do think the uplisting will improve our chances of increase. I'm just not sure exactly how, I've always taken it for granted that an uplisting will help. Please enlighten me on how the AMEX listing increases exposure. Is it because some people just don't trade OTC stocks?

Is it because some groups (like retirement funds or employer group investments) don't list OTC stocks? I'm thinking any individual investor can freely trade AMEX and OTC stocks alike (and other listings). Is there something I'm missing or is this it? Is it choice or availability?

TIA
Dee