RE:RE:RE:RE:RE:RE:$1.00Monkeyman11 wrote: Not bashing. Just hoping it goes up. Just annoyed
We all want our stocks to go up but the market has other influences other than our own....If you are underwater you have a couple of options:
1: Cut your losses and walk now.
2: Forget about SP and hold for 2-3 month waiting for drilling results and Spinco news.
3: Watch SP an average down if you have cash.
If you bought in the 90 cent range your haircut isn't going to get a whole lot worse so option 1 shouldn't be on the table......might as well wait for news.
Do you think Toby or the other board member would get paided in stock options at the market rate of .59 cents if there wasn't a big upside coming soon? Or the drilling company doing most of their work for .95 cents stocks?
If this stock drops back to 20 cents or lower that is a minium wage job...my take is .59 will very soon look like a bargin and this will be trading at muiltiples greater than 59 cents.