Celts - I like your conservative approach here, bu
Post# of 7769
Posted On: 03/19/2014 2:03:36 PM
Re: celtics2014 #2465
Celts - I like your conservative approach here, but I have a couple quick questions. If we are to assume only half of the daily volume is applied to the remianing inventory of toxic shares, who is selling the other half each day and will those sellers continue to undercut each other even after the noteholders and Ironridge are gone?
In my opinion, the company needs more exposure, it needs to attract new investors who can see the big picture here, thus creating new buying pressure. Frankly, ScripsAmerica is still flying outside the vast majority of people's radar screens. And the only way to change this is with straight-forward, game-changing news that involves SCRC revenues, not revenues of other entities from which SCRC receives some undefined percentage. Most of us on this board can see what is happening as the company pays off the toxic notes and adds revenue streams, but for some reason the average investor cannot connect the dots, they need something more tangible. Until that happens, there will be no buying pressure to offset the selling pressure and the pps will remain in this holding pattern. That said, I expect that one day in the not-too-distant-future, SCRC will connect the dots for us and the masses and we will be off to the races. The buying pressure will be significant, and we will see many high-volume accumulation days. Until that day comes, we have a golden opportunity to add more shares and lower our average.
Good luck to all the longs!
In my opinion, the company needs more exposure, it needs to attract new investors who can see the big picture here, thus creating new buying pressure. Frankly, ScripsAmerica is still flying outside the vast majority of people's radar screens. And the only way to change this is with straight-forward, game-changing news that involves SCRC revenues, not revenues of other entities from which SCRC receives some undefined percentage. Most of us on this board can see what is happening as the company pays off the toxic notes and adds revenue streams, but for some reason the average investor cannot connect the dots, they need something more tangible. Until that happens, there will be no buying pressure to offset the selling pressure and the pps will remain in this holding pattern. That said, I expect that one day in the not-too-distant-future, SCRC will connect the dots for us and the masses and we will be off to the races. The buying pressure will be significant, and we will see many high-volume accumulation days. Until that day comes, we have a golden opportunity to add more shares and lower our average.
Good luck to all the longs!
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