RE:RE:RE:RE:Brent moving higher and PTA dropping.Ingiboy how do you know it will be a long time before we will hit 0,44 again? Can you look into the future? ifso you would be a billionaire and the price would already hit 0,40 because you would have taken over PTA at this absurd prices.
But Yes it could be a long time But it ALSO could be a really short time untill the value is unlocked. It is unknown.
What is known though is the fact that the companies intrinsic value is below today's shareprice.
Even SHLINKER admits this. He says the intrinsic is 0,20 cents.
I think intrinsic is higher but that doesnt matter.
SHort term the market is a voting machine, long term it's a weighing machine.
Have fun longs/and shorts
Ingiboy wrote: At the risk of incurring the wrath of the resident bullies, I too have to agree at this point, $.40 would be very attractive.
All of us who have been here for years were elated to see the touch and go at $.44 last August. We had allusions of $.50 - .$.60. As we languish at $.125, $.40 looks pretty good to me. This company has been slammed with the drop in the price of oil. As other companies have made slight recoveries in their share prices we have flatlined at this price for close to 4 months. I hate to admit that barring some unforseen miracle it will be a long time before we see $.44 unless the company is merged or acquired.