Hi everyone,
I just thought I'd weigh in with a couple of my opinions as there seems to be a lot of negative talk and concerned people. This is Understandable understandable but I believe we need to be a little more patient.
1. The company cannot make an announcement every time the market sneezes and the SP drops. This would lessen the effect of their announcements and don't forget they are trying to run a business.
2. The share price has been hit hard recently but in general it's based on very small volumes.
3. The situation we are in today regarding the company is more informed and with less risk than 2 months ago when the SP was mid 30's. Whilst some news might have been better, there hasn't been any bad news as far as I can tell.
In summary I believe there has been some panic selling. I've picked up some more shares and will continue to look for more bargains. I am holding steady and am conservatively expecting things to settle back to at least the mid 30's, hopefully higher over the next month.
Hi everyone, I just thought I'd weigh in with a couple of my...
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