OTCPK:SPVEF - Post by User
Comment by
Barley1on Feb 14, 2007 2:58pm
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Post# 12235655
RE: I see a lot of potential here
RE: I see a lot of potential hereIn my opinion "wash trading" is a product of some peoples' fertile imaginations! I think Spur's drop it is just the market speaking. People are fed up with a stock that is on a continual dowturn - they figure they've got better things to do with their money. This is especially so when London and New York are hitting alltime highs. So they take a loss and go and buy something their spiritualists or their wives tells them is a better deal. That doesn't mean that Spur is a bad deal, just that its over-sold (IMHO of course) - it just seems a bad deal to them!!
Recently I got my Spur certificates out of my bottom drawer, and had a look at them. Then I looked at the share price, bought a few more shares, averaged down, and now I've put the certificates back again.
I'm not sure if I will benefit from Spur, or whether my kids will reap all the benefits. But what I think I know is that Spur has a superb team running it; that a certain nation are a load of crooks who would sell their mothers if they thought they could make a buck out of doing so, but in the end even they will eventually accept that they won't screw any more out of the situation without doing something to help the business prosper. Then the stock price will go up - and probably fast. In the meantime, I hope Spur management tell the people they are dealing with, to get lost and get into the real world.
Barley