SSN samson oil & gas limited

samson's next jv partner, page-11

  1. 69 Posts.
    "I'm hoping we could exceed our American counterparts."

    Evixfel-- I doubt the ASX will do better than us here in the States simply because we're so stupid. Brokerage houses and people in general are afraid of "penny stocks"-- which many call anything under $5.00. I know it's ridiculous, but there it is. So, you'll have brokers and people touting a "great little company" when the shares hit the $4.50-$5.00 mark. Where were they when they could have gotten in at $2.00-$2.50?

    Some big brokerages won't even let you buy a small stock-- because "you might lose money- it's too speculative." As if a stock can't go from $30 down to $15. That's how goofy we are over here. My opinion is that it's a leftover from our Puritan heritage.

    So--- when it hits $5.00-- next stop $8-$10 range.

    By the way-- I'm in SSN, SEA, ETE. So, keep sending your little companies over here.
 
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