What's up? I don't get this board! Simba keeps putting out good news and some members of this board keep slamming the company and its management; why?
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What does this board want?
-Spoule puts out a very favorable report - this is a positive for the company and its management
- Passive seismic completed early - this is a positive for the company and its management
- Passive seismic confirms the Spoule report - this is a positive for the company and its management
- Passive seismic program is expanded to include more of the block - this is a positive for the company and its management
- Passive seismic locates (confirms) our first drill target. - this is a positive for the company and its management
- Time to first drill is advanced saving SMB lots of money - this is a positive for the company and its management
- Passive seismic is right 80% of the time. - this is a positive for the company and its management
- Liberia is slow in granting PSC - Its F'ing Liberia- what did you expect.
- Mali - dead issue for now. Who cares? How much will it cost the company if Mali never straightens out its problems?
- Guinea - Looks good (but as old park said this is all about Kenya now and nothing else.)
- Stock is making higher highs and higher lows. - this is a positive for investors.
- RSI, MACD, Fast Stoch,any many more indicators all point to the good - this is a positive for investors.
- Come Monday morning we should see an increase in volume as more professional traders start entering into Simba because their stock scans will tell them Simba is a buy again.
- Pinetree / Sheldon leaving - good for the company? I think so. (I trade BWN as often as possible. Not a stock I'll hold long term any more. I like the way SMB's management reports to its shareholders way better than how BWN reports to its shareholders. In my opinion SMB's IR is head and shoulders above BWN's. In short, I think Sheldon/Pinetree can sell out of SMB and it won't hurt Sheldon or Pinetree the way it would if they started selling out of BWN. So if they needed money sell SMB, if they wanted to commit suicide they'd have sold BWN)
SMB is a spec stock ladened with risks. I think management has done a terrific job of reducing the risks as best they can with the funds available to them. I also feel that SMB is on the precipice of a new era that will bring great rewards to shareholders.
So if some one can explain to me how I'm wrong; please do.