RE: RE: WHY???????
I'd like to know the answer. I thought I was being smart buying from 1.80 on down. We may get a temporary bump from news which should be this week. I would have bet my right arm that we never , ever would have dropped this low after our NI report. Maybe the market is telling us something, but I still believe if and when we get a partner, off take or whatever we will jump. With the donation to famine relief someone said this is a good indication that we are committed to production.
I think the BFS will probably determine that. JMO
woundedknee wrote
.............................................................................
good points wounded knee I feel pretty much the same.
when we had the darn flash crash that dropped the sp to 120 well I was the unlucky guy to have a stop in at 120
for some dumb reason..
.and way it went that low and sucked out all my shares...then the sp shot back up by the time I bought back in the sp was back up to 180//.
..later us share holders that got traded out got reimbursed for our trades
[correct me if I'm wrong but I think 176 ?] I've been holding these ever since..
also have added recently at 140 then 130 ...
I'm pretty sure every body here knows [even the funny monkey guy] that Allana in going to be worth a lot more either when we get closer to production with a feasibility assessment completed or some buy out offers have been laid on the table.
My humble assessment of the low sp is:
due to the shaky financial woe's of world governments, poetically the US,[ europe certainly has a neg. eff. also]
I think once they can get control of some financial normality in regards to their outstanding debts we will see our shares make some good gains..
This friday seems to may be a turning point back to some stability .
I'm very positive and optamistic and feel The US will sort this out and once they do the markets will respond favorably [ I'm buying not selling this week ]
now I am an investor in Allana and as with v-man, the stag and other fellow investors I try not to post negative post,
were not pumpers we are investors ...
here is a link to the latest news of a possible return to some normality for the US debt stability
https://www.chicagotribune.com/business/sns-rt-us-usa-debttre7646s6-20110705,0,7498607.story
here's a short paragraph we like on subject,
Don’t follow the crowd
It’s hard to invest in stock when everyone else is selling. By nature, we are social creatures and we don’t want to stand out from the crowd. So when the crowd is full of fear and is running away from the market, it takes courage to walk in the opposite direction. But, as Warren Buffet famously said,
the successful investor should be ‘greedy when others are fearful and fearful when others are greedy.’ This is not to say that we should be throwing our money away on stock in companies with a seriously impaired outlook, but there are many, many companies with excellent track records of profitability and growth, strong management teams, excellent product lines, and innovative R&D, which have been dragged down with the general market to very low prices indeed. It is not my intention to give any specific stock picks, but there are some great buys out there. {Allana fits the Bill}
Best of luck
Satong