RE: RE: RE: NR: New IR Team - Batter Up! Good story sells by itself...
Solid shareholders base is also required. IR only promotes and tells shareholders what they want to hear (quick buck in the stock market). They are biased by definition and unreliable. IR will not forge any alliance with customers, create JV, etc. They will try to attract small, retail investors by promising the moon.
Patient holders do not need IR to them tell to buy or not to buy. Management actions are good reasons to buy or stay away.
Jim, look at MMX (almost no volume - no interest) you promoted and tell me that they need an IR dept or firm to attract new shareholders... All traders on Stockhouse could do the same and they are a-click away from doing it if they have a vested interest in doing so! (buying the stock prior promoting it).
IMO, it is a waste of money. But I could me wrong! And I hope to sell my shares above $3 if they could rise the stock price there by calling here and there individuals.
ifront