GREY:ESPAF - Post by User
Comment by
robjameon Oct 31, 2014 2:51pm
95 Views
Post# 23083041
RE:RE:Rob I will Test Something!
RE:RE:Rob I will Test Something!illum - The danger with these sites is we are all invested in this company succeeding and our stock rising and we rely on each other for news and information. We need solid information from each other and from the company. As shareholders we are entitled to this forthcoming from the board of ESP.
Analysts are hard to depend on as they often have skin in the game.
ESP set up an expectation with their August 13 announcement of presenting at the September 12 IBC show in Amsterdam. However, many of us shareholders were bewildered and disappointed by the lack of information or even mention of the results of this show.
Yet in that month the stock had dropped significantly from the ~$1.75 level. Why? Was someone(s) dumping this stock? Was information out there that we all were not aware of?
We expected more positive results in the Q3 report. Who knew what? Why did the stock continue to fall?
The next support level is sub $1.00. The retail investor (you and me) are always left holding the bag.
We can be excused for being jaundiced and disappointed.