where to from here?, page-16

Hi Penny, you wrote:

""Just don't understand, and I often wonder what creates the various bursts of activity that drive SP both ways. from time to time, especially in the absence of reports from the company.""

There is no doubts whatsoever in my mind that this stock is, and has been, the subject of Pumps and Dumps at the expense of the long term faithfulls for quite sometime now. But, every time this P&D subject has been brought up, someone takes it the wrong way and even takes offence to that.

I am amused at some of the comments that are passed around here about the sp reaching certain levels and retiring extremely rich lol. AT 20 CENTS...????

Probably, and more than likely, some of those posters forget the prices they've paid when they've originally entered APG, and for how long their money has being sitting there while reducing their original investment values. They also fail to calculate what their original investment would have been worth today if they were to leave their money safely in a bank and even only earning a low 5% or 6% compounding interest, or if they were to invest that same money into buying some bank shares that would have paid them hefty fully franked dividends every six months.

It is also obvious that they didn't take in consideration the tax payable on the profits, if they will make any.
After all, if they are retiring, one would be forgiven to think that they are still working and not being eligible for the tax free benefits of a pension fund.

Of course all of the above will only apply if they are real long term investors that have been here since the beginning of time. If they were not to be real long term investors, as they make it out to be, than those 20 cents could turn into a real profit.

Don't forget that we are posting in an open forum where we are all incognito and the possibilities are there and real that someone could be pushing their own barrow at the expense of the unsuspecting and gullible ones.

I can also remember how many times in the past that I have been crucified for daring to speak my mind and that the sp during those times was not really reflecting what we had on offer, and that IMHO, it was way overvalued. Yet, the sp retreated to a hell of a lot lower value than what we were once upon a time.

Many others may still ask the same question of me now. And that is as to why I don't sell out. And I will reply once again that same thing which is that I am that far into the red now that it doesn't really matter anymore, and that I may as well hang on in the hope that the sp will raise so that I can reduce that loss. If you remember, both you and I stated that at 10 cents per shares it would do us, while some others were ridiculing me for saying it. That figure hasn't changed and it is still valid for me.

And surprise surprise I am finally getting some of that long awaited rain.

Cheers WG.
Buddy134