(Total Views: 166)
Posted On: 06/27/2019 12:01:24 PM
Post# of 7798
Sorry Convict but I'm not here to hold anyone's hand and tell them it will be okay. If people want to sell, I say good riddance. GTFO. A few flippers bailing is not going to make a difference in the success or failure of this company.
There are some 3.5B shares out there. A few million shares swapped between flippers causes the stock to be volatile. It goes up, it goes down. But it's the overall trend that I am more concerned with. Stock price performance has been terrible for 5 years and very volatile before that.
IMO, a stock that hovers around .001 for a year and a half and then manages to recover from that and increase in price 10x is doing something very right. Around November last year, it took a turn and it has been on a general upswing since. There appeared to be a huge buyer in April that caused that huge jump for two weeks and then it corrected and settled back to the steady and healthy growth of the past 6-8 months. Whoever has been buying (discounting flippers) is not selling, thus the price is continuing to rise – not on a daily basis – daily prices fluctuate – but on a general scale. The 6-month chart shows this very well. So the serious investors who do serious DD are convinced and accumulating shares of SFRX.
As far as Torres is concerned, I don't really care if people believe me or not. You'd think someone calling Manta and confirming would be enough but never-the-less, I put the info out there. People can believe what they want. One thing I have noticed is that some posters are easily confused on the facts which makes them easy targets to be influenced by people like yourself.
The facts are pretty clear on this company. Eventually people will look back and say "well of course they succeeded, it was so obvious."
But meanwhile the price will be volatile and flippers will do what they can to exploit it. But their influence on the price is lessening now as shown, again, by the 6-month chart.
I said before that I don't think Kyle plans on skipping this season in regards to the new equipment and tech. As the summer progresses, that window narrows which means success, major success, is getting closer.
Flippers wonder about a timeline for pennies. While I like the price increasing versus decreasing, I don't get too worried about the usual fluctuations and neither should investors (investors, not flippers). My thoughts on the price have more to do with what happens after some major news or multiple major news announcements. Then my focus will turn to the future of the company based on those announcements. My mentality on this company is different from flippers. I'm long vs. making a quick few dollars.
All you have to do is look at the financials and see the related parties with notes (one also a board member) still not selling or even converting their shares. I will follow their lead.
The constant attacks against Seafarer are having less and less an affect while simultaneously increasing in volume.
I'm good with the progress and look forward to the near future.
There are some 3.5B shares out there. A few million shares swapped between flippers causes the stock to be volatile. It goes up, it goes down. But it's the overall trend that I am more concerned with. Stock price performance has been terrible for 5 years and very volatile before that.
IMO, a stock that hovers around .001 for a year and a half and then manages to recover from that and increase in price 10x is doing something very right. Around November last year, it took a turn and it has been on a general upswing since. There appeared to be a huge buyer in April that caused that huge jump for two weeks and then it corrected and settled back to the steady and healthy growth of the past 6-8 months. Whoever has been buying (discounting flippers) is not selling, thus the price is continuing to rise – not on a daily basis – daily prices fluctuate – but on a general scale. The 6-month chart shows this very well. So the serious investors who do serious DD are convinced and accumulating shares of SFRX.
As far as Torres is concerned, I don't really care if people believe me or not. You'd think someone calling Manta and confirming would be enough but never-the-less, I put the info out there. People can believe what they want. One thing I have noticed is that some posters are easily confused on the facts which makes them easy targets to be influenced by people like yourself.
The facts are pretty clear on this company. Eventually people will look back and say "well of course they succeeded, it was so obvious."
But meanwhile the price will be volatile and flippers will do what they can to exploit it. But their influence on the price is lessening now as shown, again, by the 6-month chart.
I said before that I don't think Kyle plans on skipping this season in regards to the new equipment and tech. As the summer progresses, that window narrows which means success, major success, is getting closer.
Flippers wonder about a timeline for pennies. While I like the price increasing versus decreasing, I don't get too worried about the usual fluctuations and neither should investors (investors, not flippers). My thoughts on the price have more to do with what happens after some major news or multiple major news announcements. Then my focus will turn to the future of the company based on those announcements. My mentality on this company is different from flippers. I'm long vs. making a quick few dollars.
All you have to do is look at the financials and see the related parties with notes (one also a board member) still not selling or even converting their shares. I will follow their lead.
The constant attacks against Seafarer are having less and less an affect while simultaneously increasing in volume.
I'm good with the progress and look forward to the near future.
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