GREY:BIXZF - Post by User
Comment by
brnt999on Mar 10, 2010 9:11am
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Post# 16864643
RE: SOMEONE IS PISSED
RE: SOMEONE IS PISSEDI think its possible, I dont think there is anything that Megamoney wouldnt stoop to to get the SP to drop.
At the same time I have to be honest. The company has delivered on many of their promises but when it comes to the start up of protein production they have over promised and under delivered. After hearing their last news release I didnt walk away feeling 100% confident they would be churning out proteins by mid April. I think the market thinks the same way. If the market was 100% confident the share price would be going up and not down.
A question on some investors minds I am sure is can they trade around this. Could they sell shares now and buy back in at a lower price after further delays. I personally have decided the stress isnt worth it. The relatively small upside to buying back in at a lower price doesnt compare to the downside of missing a major leg up.