RE:SIC share price not movingMegacopper
You make great points. I also think SIC is undervalued. Why the stock price and market cap are so low? My guess is the following:
1. New investors got burnt the last 3 phases after sharp plunges in the stock price after results
2. Consolidation happening (not penny flipping over the last six months) now with shares moving to stronger hands
3. The share price shows strong support at these levels and did not react like previous. Who is to say the price is low after the last release. Just give it a few more trading days. It will be a healthier move.
My guess is this goes higher next week. Bottom line is you do not get hits like this company has had in its last 6 phases, including just now, without a lot of gold in the ground. High grade does not work like that. Phase 6 has a long way to go and we are only in the 1st inning. Good times ahead. I am happy to be able to follow my holding in SIC now along with FVL. Makes things a lot more fun. GLTA