GREY:PTQMF - Post by User
Comment by
Libertygon May 27, 2011 2:35pm
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Post# 18636171
RE: RE: RE: metals
RE: RE: RE: metalsGlad to see your finally making some sense. 85% of it's value sounds real good to me for an emerging producer that just slashed it's debt, expanding operations in the mother of all bull markets. Sounds like PMC finally made a good buying argument for PTQ. 85% value would show not much downside from here but lot's of upside. Only problem is the trust me part, unfortunately if you trust a snake you end up getting bit. I'll trust my own judgement thank you very much, yours is warped. LOL.
I still remember stocks selling for less than cash on hand Re; Altius minerals at under 3.00 no sensible reason for that but the MARKET HAD SPOKEN. I chose to ignore the "MARKET HAS SPOKEN" and buy that stock defying the "MARKETS NEVER WRONG" credo, and decided it was trading at let's see hmmmm "85% discount to it's real value" and interesting enough the market that is NEVER wrong..............................was wrong. Hefty gain, enjoyed. I can run a list that would take hours of this example based on value and "THE MARKET HAS SPOKEN" examples that prove the market was retarded for a while, and WOKE UP. Happens ALL the time. Unfortunately other times value perceived is not value in reality, i believe PTQ perceived value and PTQ real value are higher than .70 cents, and shockingly i believe it's even ultimately higher than 1.30. Time will tell who's right and who isn't but with my money i'll do what i think best, not an egocentric nut with a clear agenda on a bullboard stating "TRUST ME". That's rich, ROTFL.
When someone says "trust me" run for the hills.