OTCPK:TMBMF - Post by User
Comment by
dosperroson May 02, 2017 4:15pm
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Post# 26194501
RE:Great quarter
RE:Great quarterI agree and like the commnetary.
On point #4, I think that it's impressive that the share price has withstood such heavy selling by what must be a fund over the past three months. It's consolidation with a capital C. The buyers of the 3 or 4 million units that changed hands at $3.00 are optimistic and will expect a 50% to 100% retrun in the next 12 or so months. They will get it. It's only been the unrelenting downward pressure that have made a rise over $3.00 impossible, irrespective of a sector rebound (missed -- stifled by the clowns who are selling regardless of market dynamics) and in spite of good news. Oh well -- we have generally benefited by buying for cheap during this time.
Long run, market equilibrium will win out,. Give the many months of downward pressure there'll be a corrosponding huge impact up when the selling finally ends. Or, until the next plateau at 5 or 6 a share. Sort of like a Newton's Third Law of investing. I am happy to let these jokers distort the retail market (only possible in illiquid tand thinly traded markets) until their hearts are content, because the longer it goes for the bigger the payoff will be.