Post by
Mako2022 on Sep 08, 2023 1:48am
Persistent buying
True Method that would help a great deal. Purchase purchase purchase.
Problem is the current shareholders don't want for the most part continue to buy shares only to see their $$$ go missing. It's tuff to continuously buy a stock that continues to defy logic monetarily.
Yes we all know what your comment will be and it's always the same....inefficienct blah blah but on the other side one needs to have directional monetary increases. After all we've been actively mining for quite sometime now and have seen no returns financially for the majority no doubt.
Comment by
Method on Sep 08, 2023 8:15am
Investors who think the market is efficient are selling to those who think the market isn't efficient. The buyers are patient, the sellers are not. If anyone starts buying on an uptick the efficient market guys might stop selling or even jump back in since price signal is way more important than intrinsic value to them.
Comment by
Mako2022 on Sep 08, 2023 9:46am
I get it Method. My point is, will the current base dip into their pockets and continue to support a stock that remains under pressure? It makes total sense to do so but understandable if one becomes a wee bit hesitant in doing so. Im personally waiting to see some type of tick to the +
Comment by
Method on Sep 08, 2023 12:05pm
Like I said, efficient market people need a price signal. I get it.
Comment by
Mako2022 on Sep 08, 2023 12:21pm
Yep you did and I agree How much have you added lately? What happened to the big buyer? Sidelined perhaps they are waiting too
Comment by
Method on Sep 08, 2023 12:55pm
I usually buy some most weeks including this week. I don't know what happened to the buyer. Maybe just annoyed no sellers are around when the bid.
Comment by
Mako2022 on Sep 08, 2023 4:07pm
Perhaps Akiba will have a meaningful Summit presentation at Beaver next week. Heading in the right direction it seems but at an escargot pace
Comment by
Mako2022 on Sep 10, 2023 1:23pm
Wexford picking up more cheap albeit small amounts .They'll be the winners