GREY:SMBZF - Post by User
Comment by
kjs4381on Jan 30, 2014 12:25pm
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Post# 22153540
RE:RE:RE:RE:RE:RE:RE:cash
RE:RE:RE:RE:RE:RE:RE:cashI don't think anyone is paricularly happy about the current sp. They are happier to see it at 6cents than when it was at 4.5 to 5 cents. People being upbeat about where Simba is headed since the Calgary group joined in the advancement of Guinea and Kenya, shouldn't count as "pumping". People talking about how good the chances of actually finding oil on those two PSC's doesn't count as pumping.
Market sentiment is important but you have to take into consideration the state of the overall market at the same time, and the the markets in general have been skittish the last few years. Simba is down but is about to turn things around.
Personally I think pumping is people saying that a company is going to achieve a level of success that is actually unobtainable and that kind of of talk is misleading. In Simba's case there goals can be achieved and as they are there's a good chance that their success will be reflected in the sp.
So pumping ( talking unrealistic expectations ) is bad and to me even worse is bashing a company as it can only serve one purpose and that is to undermine positive sentiment towards a company. why would someone bash a company? They could be shorting the stock or just be trying to buy the stock at a lower price. The only other reason I can think of is they are looking for attention.
I think the majority on this board believe Simba is now headed in the right direction and achieving certain milestones this year will increase the sp. and the others that are here I would have to question their motives.
JMHO