thanks VP For your comforting words -
Sincerly i mean this - given the track record of seeing such good advancement and yet the price backslide - I keep thinkingthinking... if it was once .125 cents prior to all the securing of acquisitions and .125 cents prior to all the resent advancements - its a real head scratcher to see such a low price and reason why this is. Perhaps the proving of the company's revenues is a justifiable reason - but even still - I have a hard time understanding that the company with all its assets surely must be worth more than .055 cents ?
What ever happened to a stock worth vs company wealth of assests? Surely this must have some worth to reflect on the SP? After all - the sum of monies earned from the share offering - did it not get good bang for their buck? As in - better or of par value in assests to that of which was spent ? Where's the valuation using this vs stock price ? I will admit - I don't really understand how companies are valued - so many have stated what the worth should be - or that its undervalued - so many equations and formulas - facotors of 10x which i cant undersand what that really is or means - 10x company value??? I would like to believe that a companies value a portion - is in the eye of the beholder - the investor - who gravitates towards a name brand company that everyone likes because they want to be associated or own a part of - something they adore or liken.
So from a newbie investor stand point - regardless of all the assessors, commentaries - still the stock went backwards - heck even Macy stated the company was far under valued - that was well before acquiring Integrity - and if was far below value back then - this is why I'm baffled now.
Perhaps I'm a tad impatient and given that I'm relatively new to stocks - it feels such a long wait time - so here's to Q3 ( three cheers) hoping PYD releases some really good numbers in USD and CDN for all those that have overlooked the superb currency exchange bonus .
I read one poster the other day stating that PYD will still have to incur the high currency costs from one currency to another - back into CDN?
im thinking - since PYD purchased all the assets and that sum of monies from CDN shares to USD - the cost indifferences were already accounted for with the initial purchase - funds already utilized - I'm thinking the revenues forwardly earned - will only have to be converted with the usual exchange rate - and shouldn't be too much of a cost - or could they keep the revenues in USD ? For future USA expansions saving themselves a loss in conversion of currencies ?
So....
Q3 proving it is.... I will await such news... And keep my hopes high - hoping it goes back up to where i first bought in - Thanks again VP. Your advice sounds very good - andcperhaps explains that PYD has show the numvers in a proving. Good to see new people posting.
It would be great to take a course in stock investing - that explains all the things that I'm sure many others and myself can't seem to grasp - a quick course that outlines what to expect - in simple terms - of how things work - I've tried reading up on this a bit - but with each person stating their own views which makes it al the more confusing. Every person seems they're the expert but yet none of their expertisecin valuations ever seem to be the definitive combination to unlocking how things really work. Maybe that's what makes investing so unpredictable - lol
Go PYD ! Show us the good numbers !