Stockhouse.com uses cookies on this site. By continuing to use our service, you agree to our use of cookies. Cookies are used to offer you a better browsing experience and to analyze our traffic. We also use them to share usage information with our partners. See full details.
I Agree
×
Join today and have your say! It’s FREE!

Become a member today, It's free!

We will not release or resell your information to third parties without your permission.
Please Try Again
{{ error }}
By providing my email, I consent to receiving investment related electronic messages from Stockhouse.

or

Privacy Policy | Disclaimer

Sign In

Please Try Again
{{ error }}
Password Hint : {{passwordHint}}
Forgot Password?

or

Privacy Policy | Disclaimer
Please Try Again {{ error }}

Send my password

Return to Login
SUCCESS
An email was sent with password retrieval instructions. Please go to the link in the email message to retrieve your password.

Become a member today, It's free!

We will not release or resell your information to third parties without your permission.
Quote  |  Bullboard  |  News  |  Opinion  |  Profile  |  Peers  |  Filings  |  Financials  |  Options  |  Price History  |  Ratios  |  Ownership  |  Insiders  |  Valuation

Mart Resources Inc MAUXF

Energy Oil & Gas E&P


OTCPK:MAUXF - Post by User

Mart Resources Inc
Bullboard Posts
User Avatar Image
(126)
•••
Comment by bows333on May 02, 2012 9:32am
234 Views
Post# 19860626

RE: RE:RE: RE: RE: Something to consider

RE: RE:RE: RE: RE: Something to consider

It is impossible to reach $7 this year on fundamentals alone; on this we agree.  On the other hand, only a fool ignores market psychology.  At some point in time, given all the good news present and coming, the momentum people will get involved.  I watched southwestern resources go from $2 to $30 without any news, just momentum.  And eden energy go from pennies to $9, all on momemtum.  Don't forget internet stocks without any real business plan or profit that were over $100 per share.  In all cases the market became completely unrealistic.

$7 would not be justified by the fundamentals, but it could still happen.  The marketplace is a strange being.

Bullboard Posts
Dealroom for high-potential pre-IPO opportunities