GREY:PGDIF - Post by User
Comment by
justanormalguyon Sep 03, 2014 8:54am
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Post# 22900295
RE:The markets are wrong
RE:The markets are wrongI couldn't agree with you more Oiltar. I've been saying this price has been irrational for a while. I loaded up again yesterday as well as last week.
Purely a speculative scenario no one has raised.....
What if a risk investor pops up today/tomorrow...somene with very deep pockets that sees opportunity, current irrational behaviour and strongly believes in strong future test results and management and their committment to buy all unexercised rights. Because the daily volume is low and the price is low, it wouldn't take a lot of money to buy out everyone selling up to say 35 cents. How many stocks could be available even at 35 cents today and tomorrow. They continue to invest and keep the price at say 28 cents on Friday and afterwards until the results come out and then let the stock ride on the positive results.
This would be an interesting event however very remote in my opinion. We've all considered what the math says but as I said before there is no premium built into the stock that this WILL be a mine and with a high potential of drastically increasing the inferred. Just my thoughts.