That sounds like excuses for SIRG, and lame ones a
Post# of 4018
Posted On: 10/02/2012 11:55:43 AM
That sounds like excuses for SIRG, and lame ones at that.
My posts are not negative...they are realistic. It's overly optimistic posts that actually cause a stock to stay low. New investors read completely unrealistic predictions, buy on those expectations, then quickly see that the predictions will never come true, and sell and move on.
I am not interested in pumping SIRG...the company and its results will do that for us. I am interested in realistic assessments of current and future state, so we don't get people jumping in and out of the stock and keeping the price down.
Because we all know what we have here, we should all want this. Bottom line is that keeping the price down radically increases the cost of funding. This is why I predict .05 as a target for 2013, and not .10 or higher. If posters were more realistic about price and timeline I believe we would attract a better class of long term investor, the s/p would rise to near fmv, funding would be significantly less expensive, and the .10 target would be more realistic. But with such high and unrealistic targets set, and those targets never being achieved, I have a lower target....for now.
My posts are not negative...they are realistic. It's overly optimistic posts that actually cause a stock to stay low. New investors read completely unrealistic predictions, buy on those expectations, then quickly see that the predictions will never come true, and sell and move on.
I am not interested in pumping SIRG...the company and its results will do that for us. I am interested in realistic assessments of current and future state, so we don't get people jumping in and out of the stock and keeping the price down.
Because we all know what we have here, we should all want this. Bottom line is that keeping the price down radically increases the cost of funding. This is why I predict .05 as a target for 2013, and not .10 or higher. If posters were more realistic about price and timeline I believe we would attract a better class of long term investor, the s/p would rise to near fmv, funding would be significantly less expensive, and the .10 target would be more realistic. But with such high and unrealistic targets set, and those targets never being achieved, I have a lower target....for now.
(0)
(0)Sierra Resource Group Inc (SIRG) Stock Research Links
Scroll down for more posts ▼