Replies to post #130726 on Sarissa Resources Inc (SRSR)

[dmbao]

There is no doubt there hasn't been a major catalyst for the stock since 2008, when it ran on the NI report speculation.

The question remains will there be a catalyst coming soon.

A lot of posters believe there is. However there isn't much buying to support those beliefs as volume is low and price has stagnated at this point.

I added heavily recently but have stopped for now. I buying because of value I see at 2 cents not because of a deal in the short run. If there isn't a deal I expect lower buying opportunities.

The deal prices SRSR at 8 cents or so not counting Shining Tree's value. So the stock is trading at a sizable discount to deal pricing which seems to indicate the market is skeptical.

[dmbao]

Certainly your way of playing SRSR has worked better than mine so far.

The stock has been a very profitable trade to keep betting against Scott; buy the dips and sell the rallys.

Time will tell if that will continue or a new environment will be entered.

Have you bought this dip yet?

[Dobie Lama]

You're making a lot of sense.

SRSR is a great trade over short term periods. I am recovering SRSRite ex-long, that didn't sell at the highs back in 2009. Learned to regret it. Got out with a profit, but not in the .15-.20 range. :(

SRSR has great support from its loyal band of followers here on the Hub and they will continue to buy it at these levels.