RE:When a company is WORTHLESSold_dog wrote: the volume dries up...share price sinks to the floor..........when a company is NOT WORTHLESS the buyers come in....the volume goes up and this continues to occur until people have gluted themselves on the stock......for those that are wise they will move back once they get enough shares.....for those that are not wise...they'll sell to the wise folks and wonder why they sold once the stock has moved higher than they ever thought it would....
it's doing just fine today...the 3 day weekend made a big difference in my eyes....that cool down period....having said that lets not forget that other news should be right behind it....it won't be a long as a lot of people think.
old_dog
This is still speculative.
I do think a deal will be done - JV probable
Not what some people want in the short term.
Long-term with positive earnings growth this is the better outcome - Plus it will show the market the value of the reserves
When share price predictions are made it's done so on a earning basis not a net book value basis.