I agree with everything you guys have said. The only thing I would add is sentiment and the number of shareholders.
I keep mentioning that we only have 1000 or so shareholders and I think this is one of the reasons we ain't trading higher.
Given JS seems to be selling down, then this is a great chance for shareholders to pick up damn cheap shares; remembering ARM, Ralph and SPM recently paid 7 cents, the acquisition costs 5 cents and a couple of the institutions paid 10 cents. I wasn't around when SP hit 30 cents on nothing more than hope, but I think BCN paid 20 cents for some of their shares? I'm sure somebody can correct me on that.
Anyway, imagine what another 500 shareholders would do to the price; say at $500 each, then JS would be gone if he choses to do so.
Sentiment is changing slowly with more positive signs out from China, EU, Japan and the US, as the world continues to claw its way back to recovery.
Add to My Watchlist
What is My Watchlist?