RE: RE: ROZ UNDERVALUE AND OVERSOLD
Sharing views is ok, name calling is not ok
I do believe you both have a very valid view and I agree with both, so lets use it for the benefit of all of us share holders and board, markets are already tough enough for us retail to chew each other
ROZ has been hit this year badly from the highs of $3.29 at the beginning ot this year to a low of .055 just a week ago, they missed couple holes, shorters pounce on it very quick
, markets instability did not helped and on top of that tax loses seasson and the result is a very oversold s/p.
I do understand some of you have sold very low to claim taz loses and you don't want it to move up before you buy back in with in a month, but this is my tip for you, buy it back in a different acct from were you sold it and if you use your TFSA, all the profits will be free of taz
The stock market is speculation at it's best and with any kind of stock, we all should know by now that what makes a stock move either up or down is the demand and supply
and the supply on ROZ is drying up and that gives place to the demand.
It happens all the time a stock gets badly beat up and then bounces back up leaving usually the retail who sold low out of the game
ROZ missed the drill targets and s/p has been punished, but what investors do not realized is that those holes were drilled as a wildcat exploration wells far from geologic control, meaning way out of the main targets. The nearest existing wells with the prospective deep Pindyin sands are approximately 500 km to the west and 300 km to the east.
Investors are looking for bargains and ROZ is one of them, yes there is risk like any other exploration commpany. ROZ have taken out alot of the risk alrady
Insiders are buying and that is a good sign
ROZ has no debt and that alone on these times is huge
ROZ has cash in the bank and as well is considering third party joint ventures and farmin opportunities and are currently being evaluated, with interest being expressed by several oil and gas companies, So cash won't be a problem
And yes a take over is very possible and they know this very well that is why
On October 13, 2011, Rodinia's Board of Directors adopted a Shareholder Rights Plan (the "Rights Plan") to ensure the fair treatment of shareholders in connection with any take-over offer for Rodinia
ROZ IS OVERSOLD, UNDERVALUE AND BOUNDED TO MOVE UP
And is being accumulated at these prices, just look at the way it is trading
Always do your dd
SB