TSX:SGR.UN - Post by User
Comment by
WinstonSmithon Mar 10, 2014 6:18pm
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Post# 22305067
RE:private placement
RE:private placement
Agreed.. the problem is with those trying to make a quick buck whining because of the stock dillution. Long time investors realize that they must continue to pick up shares at these low prices to insure against the dillutions that are inevitable.
The last PP a few months back with warrants at 18 cents drove the price back down into a range where true beleivers bought and relatively quickly the 18 cent ceiling became a 18 cent floor. The same will happen here.. the day traders exit will be followed by several assaults on 30 cents. I'm guessing that will happen within months and in step with POG breakout. This is gut check time.