GREY:MAAFF - Post by User
Comment by
moneydiggeron Sep 12, 2008 8:05am
271 Views
Post# 15450871
RE: u would think
RE: u would thinkLook at the whole sector guys, especially the small caps. Potash One (KCL) and Potash North (PON) have been beaten too the last few days. People are buying the quality names first which are AGU and POT. The market needs to settle before the smaller caps can follow the big boys. No production from the small guys so people just not ready to be there yet. If your in MAA for the long term, you have nothing to worry about. 2011 will be a completely different scenario with this stock unless we get bought out before then.
Alot of people are worried about the financing for the start of the new mine. This credit crunch is killing the small guys trying to get something going. Management seems to be trying everything to get this going. Once they can prove they will succeed, people will be more confident in the company and the buying will begin. People are so scared and are willing to wait. Patience, patience , patience.
Right now take this as an excellent buying opportunity. I would of never thought MAA could be so cheap because of its potential. But most of the stocks now look ridiculously cheap, even the big boys. I bet that some of you will look at this in a few years and say, i should of loaded up at $1.13 It's so hard to buy now, but in reality it's time to do it. You should buy when people sell and sell when people buy. Should not follow the heard like they say.
Good Luck to all and hopefully MAA will deliver.