GREY:QSLRF - Post by User
Comment by
illumination1on Sep 12, 2014 2:14pm
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Post# 22931491
RE:arbitrage...and nothing more?
RE:arbitrage...and nothing more?for now yes, absolutely it is frustrating but it's time is nearing an end for all of this foolishness and we will definitely see better and brighter days somewhere within this year when the ul is granted to us and it will be. but i think what is happening is that people are just trying to market time it and moving in and out hence the odd movements--up nicely then down--a big part of all these movements most likely has to do with the lower cost trades and they are encouraging people to just move through equities--people will constantly do that--they will sell on news--take the profit and when there isn't any news the s/p will tend to come down and it can be fairly significant which is something longs will have to suffer through--so it is smart to take some money off the table and have it hand to buy on the dips.
all we need to see as with the last news release we traded as high as .62 nothing has changed fundementally since then yet we are trading below .40--there is absolutely no reason for this other than people just taking profit and following their own strategies. like i said i have increased my holdings 6 times over here because i strongly believe in what we have and so these low values allowed me to do so, however, seeing this languish as it does is brutal more so because it is truly deserving of so much more--one other stock i will say is equally brutal is with ib but as with what i am saying here this is only temporary and will be short lived even though this feels like an eternity right now.
gather up more shares if you can on a cost average basis and just wait for the real fun and fireworks to begin and they will be glorious!
glta