GREY:SWFCF - Post by User
Comment by
kosokowon Feb 17, 2005 10:52am
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Post# 8607544
RE: cat got yer tongues?
RE: cat got yer tongues?You wonder if this extended period of a wall at .20 is scaring people? I think it does. First there are those that think they can sell it at .21 and buy back at .18 Not many for the .03 profit, but there is likely some.
Also there are those that may not sell at .20, but because moving up every penny is so hard, others may sell at .30 when it gets there. After all, if it is hard to get past .21, 30 will appear impossible.
Everyone must remember the basis for buying. The speculation of a good grade after the excellent chemistry will drive this way up. The fear of missing the home run, and the greed of those holding, will mean a much higher share price eventually. It just hasn't developed enough yet.
My 2 cents.
Ted