GREY:GMFLF - Post by User
Comment by
simmonron Aug 07, 2013 10:44am
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Post# 21653963
RE:RE:RE:EPZ
RE:RE:RE:EPZ
Because most people are not investors they are Walmart bargain bin shoppers They don't know a good product and they judge quality based on price only. Global Minerals is a very undervalued stock right now and selling on the extreme cheap. The people buying and selling this stock do not have any idea what this company is worth or have any clue about the companies intrinsic value, management and land holdings. These people do not feel like they got a good deal unless they get over on the seller. To illustrate: If I had a house which was appraised and valued at $400K but I decided to sell it for five hundred dollars you can bet that potential buyers would offer me four hundred dollars just so they can feel like they made a good deal. If they knew anything about what they were buying they would know that even if they paid $300K for my house they would still be getting a KILLER deal. A real investor, even if they bought this stock at a much higher price would still feel comfortable owning it knowing the huge potential of this stock.