RE:RE:RE:RE:RE:CH-7I am not saying that your view on the data is not right. But you cannot tell people to buy unless you also tell them for how long they might have to hold the stock to see any return. You also have to tell them about the risks. Since you started promoting this stock, it dropped quite a lot. The 1 year change is -61%. For most people, a drawdown like that is hardly acceptable, at least not with a sizeable position.
I don't think Kaiser is wrong, I know he was wrong recommending the stock. Why? Because people have lost a lot of money following his advice. You also say that I missed the fact that we have been in a bear market. My question would be who missed it, someone who recommeded stocks in the resource sector, or I, who think you shoud be cautious because of the state of the market?
I agree that here the downside is limited and there is a good potential for nice returns. But you will only be right when the market will think that you are right. People have to be patient. They can establish a base position, even add to that position on pullbacks, as long as those are nothing more than pullbacks. They have to also be aware of the possibility that their return, if there will be any, could be limited by the big holders taking it private before most of the benefits are realized.
Telling people to disregard price when investing does not make a lot of sense, unless you found a way to monetize by other means the progress the company made in the last few years because I will admit that the company has made decent progress. So yes, at this point, close to rock bottom, with the next phase funded, it is time to talk about turnaround and considering this stock. If you are aggressive,, start buying. If you want better chances, wait for it to start moving. If Oiltar is right and the stock goes north of 3-4$, does it really matter if you got in at 20c or 40c? Not really, but if you buy at 40c, you are buying a stock in an uptrend, one that will be moving, and moving fast, in your direction.