Admiral Bay Resources Inc V.ADB

What will tommorrow bring?

[stock2008]

What do you think will happen tommorrow?  No debt and cash in the bank is always good news but what are the remaining assets that this company has that they devlop or potentially sell.  I see that ADB was in this share price situation before and it rebounded to $2.50 a share.  Do you think this is possible again?  Is there more news on the horizon.  The share volume is amazing but what I find strange is why is there so much trading going on at such a low share value?  Do shareholders actually make money at selling their shares at 2 cents a share.  Those selling their shares at 2 cents most likely are giving up or losing a lot.  I don't understand why shareholders sell at such a low level.  Can someone explain this to me?  Lets say a shareholder bought 100000 shares at 1.5 cents per share (1500 dollars) and they sold at 2 cents (2000).  Their profit would be 500 dollars minus commissions.  However, if they kept their shares until 17.5 cents ($17500), 25 cents ($25000), $2.50 ($250000) or $16 ($1.6 million).  As an investor, where would you rather be?  You would have to be realistic (i.e. 25 cents/ share potential).  I would rather have $25000 rather than $500.  Let me know what you think.  To sell at such low value is ridiculous.  Is it daytraders who are too impatient to wait that are doing this?

[smithgee]

if you notice there was not much dumping at .015 today ... I would assume the day traders waiting to reload at .015 will be forced to start bidding at .02 once .025 starts getting hit and we will start to grind ahead.

[smithgee]

so far no dumping at .015, .02 cleared out and now anon is after 250K at .02 with .025 getting hit.

[cantkillme]

Smithgee...interesting eh.......for such a "nothing" stock there seems to be a ton of activity on it...........would love to be a fly on the wall in their office......my take is we'll know soon...