I have been reading with interest all the attacks on those bloggers urging caution. All readers here should be welcoming all views instead of attacking the messenger. SIR may indeed be about to take off but it is far from assured at this point. I made a lot of money selling out out at 27 cents. Yes I wished I had held on longer but had to make the call to sell at some stage. There are way too many day traders involved in this not because they give a damn about long term prospects but because of short term gain that can be made on a share going ballistic. I have seen this on Fnt and NMR where price sp sky rocketed but then dropped after day traders got out. Both these other two companies like SIR have lots of potential but at some stage the world market situation will sober the share price and we will see ups and downs. If and when SIR proves the find and gets to a point of producing dividend, then and only then will we get an accurate indication of real worth. Between now and then be assured that the sp may still go up but may also drop dramatically at some point For those holders who are thinking long term (and if this is proved up) then you have nothing to fear. But there will likely be some day traders who will soon be burnt when the sp drops. It is the way the market nearly always acts. Don't shoot the messenger but be prepared and educated and stop dissing those who urge caution. Too many dreamers on this site and not enough hard nosed realists with understanding that the bubble does not always expand. Let's give this sp a week or a month and see if I am wrong.
SIR Price at posting:
56.5¢ Sentiment: Hold Disclosure: Not Held
