GREY:STACF - Post by User
Comment by
TheFeveron Apr 12, 2007 5:46am
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Post# 12591533
RE: Tradergood
RE: TradergoodYes PAX is supremely disappointing , just to much warrant paper out there i believe.
Careful, objectivity like that is Basher Talk 'round these parts.
Looks like another big cross getting setup for .58 as TD has suddenly dropped another 93K on the ask at .59 with a bid for 100 K at .58
They're getting their fill of cheap shares, that's for sure. Lucky them.
Gladly PAX is not my only stock, I have some TAM , lots of BAJ and EXN and those so far making my portfolio grow.
TAM's sp growth has been very impressive as of late (bamako picked it for the $MESS contest) and thanks to you and a couple others mentioning Baja, I'm taking a good long look at that. Looks to be one of the most undervalued stocks I've seen in quite some time.
But I am increasing my PAX holdings at this level , got more at .59 today. Eventually this one will turn out very good. Unfortunately for those who are impatient it may take some time and many will have moved on before this one takes off.
Bingo. It's all one can do but view it as an unexpected chance to get a little more. It's the only time in my history as a stock investor that I'm actually angry about having a chance to load up at rockbottom prices on a stock that I know will one day explode for multiples. I'm trying to adjust my internal timeline of where I think it ought to be right now sharepricewise, so I guess I make my mental mark for this time next year when another 43-101 will come out that should get PAX the respect from the market it currently deserves. The high-grade section will turn some heads, I am certain. All I want is proper market valuation; nothing more, nothing less.
ALL well patience is a virtue.
The one true lesson of the stock market, truly. Readjust the internal thermostat and worry about other things while they march out another massive drill program. It really is just a matter of time. But bloody Hell, is it frustrating in the meantime.
The Fever