RE: Upcomming tradingHi gsgold,
I (like Scuderia and many other on this board) am bullish and consider this current price a joke - I just don't think Scuderia's price targets and degree of confidence are realistic (please refer to the chart history). It is the market that decides the price and unfortunately I have been more surprised to the downside than expected over the last 2 years. The issue is not that OX is significantly underpriced but what the market is willing to pay for it (of course that could be very skewed based on management's performance / possible share price manipulation / maket conditions).
That said I think that if OSK decides to do a significantly smaller program than this years program may cause some down pressure on the stock. But having cash and 43-101 report should establish some solid support (depending on the results) around this level or may be even higher. However, the market seems to not consider the management very credible so unless they improve their way (personal and / or hard assets) significantly I doubt the share price would go up significantly (i.e., above 15-17 cents).
With OSK potential takeover in the cards I am not selling. But I have a full position and cannot buy unless significantly lower (around 7 cents). If I did not have a full position I would be buying.
GLTA
Ngobe