GREY:ATIVF - Post by User
Post by
rickfactoron Nov 29, 2007 12:34pm
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Post# 13888297
Current Valuation and Sellers
Current Valuation and SellersCurrent SP does not reflect future potential and current risk
Reasons are few, but the main reason is the recent market capping that has been occuring at 0.60 . This is usually due to accredited investors or financial institutions with buying power able to keep stocks from rising too quickly.
With that said, it is not entirely a bad thing as it keeps the price from going up too quickly and this eliminates many possible daytrades from occuring and gaps needed to be filled. Also this provides a time of consolidation and accumulation for those that didn't have a chance to own a portion of ACT beforehand.(Also applies to Financial Institutions.)
So in my opinion, if you are selling below 0.59:
- There should be a good reason why you couldnt wait Ex: Payments due, Debt (Which you shouldnt have if you have invested in the first place)
- You should have more than a few hundred thousand shares already (Taking some profit off the table)
- In no way shape or form should you be selling if you are currently at a loss.
Just from what I've noticed and researched on.