EXT 11.1% 1.0¢ excite technology services ltd

Impatient?Mate I have roaring screaming fits of frustration. I...

  1. 3,704 Posts.
    Impatient?

    Mate I have roaring screaming fits of frustration. I punch walls and smash my head against the wall repeatedly (doesn't help but the pain in my head distracts from the pain of fustration).

    Sep 2005 to now and it is barely double what I paid. It was over 5 times what I paid at one time but obviously I didn't take profits.

    It would all be a little easier if I could just understand. Why? Why do stocks with so much less to show take off and this one not?

    I have been watching EGO and it is clearly way way way over its fundamental value and still they buy it in the hundreds of millions. The last one left holding the hot potatoe will lose his shirt but still they line up to buy.

    That's an oil/gas play so maybe not such a good comparison but there are plenty of U stocks which have NOTHING, no drill results, no leases, NOTHING and just because they were sort of thinking about getting into U exploration up goes the share price, sometimes ten fold. ????

    Like I said, if I could just understood it then it may be easier to deal with.

    Having said all that I still believe that brute force in the way of proving up the resource, TSX listing, rising U price, etc will finally see the price shoot up to fundamental value.

    I think another 3-6 months should do it but it is sssssooooooooo hard in the meantime.
 
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