7936567 Canada Inc SWYDF

RE: RE: RE: SWY shares are going nowhere for a rea

[MrAnderson]

I don't care for issuing paper too cheap.  But I also think if they pump the price to an unrealistic value just to sell some paper (while that is good for short term traders) the price will eventually come back down to where it belongs.  So if those new buyer feel "suckered" that will give SWY a bad reputation and make it hard for them to get more money if they need it.
The best practice is to make sure the paper is issued at the "Right" value.  To low and it pisses of the current shareholders, to high and you build a bad rep.
You may feel
.55-
.60 is low, I guess others must feel it is to high.  I think its low (not exceptionally low) so I spoke with my cheque book and bought more today.  This stock has the goods but it still has plenty of risk, the biggest one right now is the global economy.  If the economy pulls back this project will drag out or go on hold and people know that, they will want to move their money into safer plays that may pay some dividends while they wait for the economy to recover more.  
So if the US drags us down again - this stock will fall.  If Canada, some of the EU and the Asian countries uncouple from the US a bit more then demand for diamonds (rough and jewelry) and money for financing will still be around and this stock should move up - more so once permits etc fall in place and remove additional risk.  Note - discovering more diamonds does not remove risk, it just increases the potential reward so the share price moves up a bit to reflect that, but it still will not jump in a big way until the risk items are removed.