Well dmg, people are attached to certain ways of estimating where this stock is going and they believe that the power of suggestion will do the work.
My friend Very is stuck with this $1 by the end of October, and maybe he might hit the jackpost by some miracle!!
My attachment is to constantly give people a comparison in price between First hina at 20 cents and Apple at 650+. Those looking for 100% profit have a better chance with this stock than Apple. I believe tha if things go well we could get the 40 cents on or about the time when the 10Q is released or possibly earlier if Tse concludes the deal.
Therefore, it is obvious to me that present shareholders who want to add to their already large load of shares should continue buying at this depressed price. Of course,I know that a financial advisor will never recommend this stock to his clients unless he received payment for plugging the stock--that explains to me why the Wellfleet owner has never pushed this stock at these low prices to existing shareholders who had originally paid 70 cents per unit. Of course there is a chance that the stock has been pushed without being mentioned on the Wellfleet website but that is another story.
Having said so much about my analysis of this stock, I am confident that soon we will be happier than we are right now about the performance of this stock, and by the end of the year we will be cheering again for additional rise in price.
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