Originally posted by yanlin
Bolivia,
I'm not sure it says that. I think there's a lot to be said for confidence (or lack there of) and we are witnessing a crisis of confidence with the market, the Li story and with aspects of GXY (most likely the uncertainty of SDV deals, production improvements at MC and any progress at all on JB).
These are not an indictment on management, they are just things that need to be resolved and happen.
Until then, we are going to see investors vote with their feet and stay away from this stock. You only have to look at KDR to see what happens when progress is made/ uncertainty is removed.
We need some news!!
Generally I agree with you, but sentiment is a fickle thing. The sellers are definitely in control when no large buyers are confident to step in.
What confuses me, is that with such apparent value, people are still selling at this price!
I guess without any exciting news, the "what is it that I don't know" feeling is kind of overwhelming.