SBL 0.00% 0.1¢ signature metals limited

9.2c in a matter of weeks..., page-13

  1. 10,735 Posts.
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    chris,

    Don't know about SRK or AEX but them's the facts.

    What is commonly happening now in the market is that co's. have come out of administration, been recapitalised with seed money, hit the hot trail of 'u' exploration followed by a heap of ramping here on HC. In the dot.com frenzy it was the same. Dead in the water resource co's were adding dot.com to their name and announcing a change from resource exploration to tech.....lol. That was about the time the famous "sell" signal came from Aby Cohen.

    The share price rises, the seed capitalists move on and the average joe is either left with a potential winner or a dog. They might even do an AIM listing, but the Europeans are now staying clear of the ones that don't deliver real quick (source. CNBC last night).

    If you've been around long enough you know who the career rampers are as they move from stock to stock and direct vicious diatribe at anyone who seeks to debate the financial equations. As we are now getting late in the cycle it's getting riskier, but most here wont want that proferred.

    Buy in or stay clear? Well someone will want to make money out of the recent restructuring. Who will benefit and who will not? Friday was a good up day, but that coincided with some heavy traffic here on HC. Expect more until certain hurdles are reached.

    Prediction......bet I'm on a few hit lists now.
 
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