You mentioned TLSs market cap and earnings, to me a PE ratio of 8 is very good for a company like them. Their earnings are dropping but im not concerned, they are not going anywhere and im not worried.
But Im not really going to continue ranting about TLS on this thread anymore. If you read what I actually posted about TLS I said I dont actually hold TLS but i would once there is slight recovery, as someone once said picking bottoms is a nasty business.
Back to MMX Yeah Im aware of the fact they have been mining for a while, I was reffering more towards the fact they operate at a loss, thats what i look at.
I reiterate that my ST sell was because I think there are better options out there in the short term. I think you could make Mmore money on something else, so why not.
Look guys im getting sick of arguing about a share I dont even have a position in. I look for value in shares using a certain approach and I stick to what I know.
MMX might be a great buy and it might sky rocket, but it doesnt appeal to my investment approach. I honestly hope you guys who are holding do very well out of it and if I miss the boat, thats fine. I stick to a certain method and unfortunately I do and will continue to miss out on great stock runs. It happens, I just stick to what I know and feel comfortable with.
All the best!
MMX Price at posting:
$1.22 Sentiment: None Disclosure: Not Held