OTCPK:ATBEF - Post by User
Comment by
Canoutchieon Jan 18, 2014 2:21pm
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Post# 22107651
RE:RE:RE:RE:RE:RE:any idea whats up?
RE:RE:RE:RE:RE:RE:any idea whats up?
@Stack. Thanks and continue to hang in there. Looking at WEF, I had to wait over 3 years to score such huge gains on that stock, so sometimes patience is required.
I'm continuing to hold SY not only for fundamental reasons, but also because there have been some very large insider buys in the past few weeks. I've been doing my own trading for 5 years, and for penny stocks, large insider buys are possibly one of the better indicators about future stockprice performance, but sometimes it takes severals months for this to materialize.
As such, patience is required. For example, I had owned Eacom Timber (ETR) for about a year when I began to notice a handful of large inside buys. One was for 1,000,000 shares at 12 cents, at which point I doubled up on my own investment in ETR. 10 months later, Eacom was taken over by a private equity firm at 3x that price. I can only imagine where it might've gone, were it not for the takeover, but a triple was nice.
Likewise with Symbility. While it might take several months, nevertheless I still expect a triple from where the stockprice is trading today.
GLTA