"I don't think you would appreciate some holders here simply placing their positions on the market en bloc. There are a few top holders here, and I can tell you now, disposing a position like that on market would be very detrimental to your holding chipshuffler."
I don't agree with that statement at all. I would welcome all stale holders regardless of size to exit their positions. Why would I want stale holders that will dump into any good news with big positions? I'll take content holders that will not sell into good news any day. If stale holders want to dump now and drive the price down I'll be more than happy to accumulate at a zero EV before the eventual re-rate.
"Some of us prefer to hold, and continue to put our positions as owners of the company on the record. Some of us have belief in a number of the other assets - most of us invested for very different asserts than those being paraded about this week!"
If you have reasons for being onboard then fine, I have no issues with that. But the person I was replying to in my previous post was clearly not happy and very cynical towards management. It's probably fair enough given they are trading at a zero EV - they haven't promoted MZM well as of yet. If you believe in the assets then its only a matter of time in my opinion, and management will have to wake up one day soon. Taking the stock on at the lows I'm willing to take that risk. If you are not prepared to see it out then leave.
"Others don't want to sell underwater - I know personally many a MM holder who has paid upward of the current share price and would like to see us return to the glory days."
That's just a silly way to invest. Why would you keep your money in a company just because its in the red. Invest in companies with the best risk/reward.
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Open | High | Low | Value | Volume |
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2 | 13000 | 0.220 |
3 | 108908 | 0.210 |
2 | 35000 | 0.205 |
9 | 463504 | 0.200 |
Price($) | Vol. | No. |
---|---|---|
0.270 | 74074 | 1 |
0.275 | 22981 | 2 |
0.280 | 66676 | 2 |
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