Good point 9:
One good thing came out of it though, Mark Smyth had enough time to get some insto interest at a premium rather than a discount to todays SP.
If stock is for real, which I believe it is, it's about time we stopped giving the shares away for peanuts. These new institutional type investors have been assured by Smyth of the value of his enterprise. They, know doubt, have been given the real scoop on the company future. I think they believe in the potential of the play and this bodes well for the long term chances of success for City.
The price retraction was not that all unexpected. Up like a rocket, slippage, booster kicks in. Daytraders who live and die on the daily SP are the most affected by these price bumps.
I think the company's got its' act together on this play and if I'm right we could see a 10er or more like it did in 2000. Hit on anything and it could
I was there then and I'm back now. Hold firm.
Trade4Profit good posting.
JMHO
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