GREY:SMDWF - Post by User
Comment by
Vantechie76on Apr 27, 2015 4:54pm
124 Views
Post# 23669085
RE:Very sad
RE:Very sadI sure hope your wrong about buying more at 10 cents. Valuation of a company at this stage is totally arbitrary. It could be worth $10-50 million (maybe more) depending on how much you believe in potential and more important their ability to execute. Seems like the ingredients are there. Really no reason for the sell off. I don't think it will take that much to turn things around (just a couple of up days) but if selling continues much longer they could be stuck trading below 25 cents for a long time because financing plans get messed up, big boys lose confidence, etc.