Still here also. I am also a loyal shareholder, bu
Post# of 1609
Posted On: 07/30/2014 5:00:09 PM
Still here also. I am also a loyal shareholder, but I would have been screwed if I did not flip some on the last 2 pops. Now I have 3 other tickers and 6X my original 2013 share count. You can't be in something for years and watch it whittle away to almost nothing, without some rage after awhile.
At this point, I do not think Segersten is too worried about the share price, I think his concerns are more of getting production back online, and what his next move is. He really needs to bolster investor confidence which is nill at this point. He also needs to attract new investors, which are few and far between with the price tanking as it is. New investors is the only way this thing will take off, otherwise it will go to no bid. We are seeing that now cause EVERYONE (longs and shorts) knows that if they did want some, they would always be able to get it cheaper. NOBODY wants to buy at the ask, now.
An easy way to gain confidence is for Segersten to start buying common shares. No PR, just have it show up on the OTC website. It will get posted, and everyone would know that they are SERIOUS, and will not RS this thing again. People will want to keep what they have for a better reason than trying to recoup, they would know it IS going higher, otherwise they wouldn't be buying. Lord knows it wouldn't cost him very much at all to do this.
Something I learned many years ago was that some CEO's only know how to run a penny company, some really do know know how to MAKE one into a multi-million dollar corporation. Where does Bob Segersten stand? I do not know.
At this point in time, I have stopped my buying until we see something come out of Boston that has actual substance. Still holding strong, sorry for the rant.
Good luck guys.
At this point, I do not think Segersten is too worried about the share price, I think his concerns are more of getting production back online, and what his next move is. He really needs to bolster investor confidence which is nill at this point. He also needs to attract new investors, which are few and far between with the price tanking as it is. New investors is the only way this thing will take off, otherwise it will go to no bid. We are seeing that now cause EVERYONE (longs and shorts) knows that if they did want some, they would always be able to get it cheaper. NOBODY wants to buy at the ask, now.
An easy way to gain confidence is for Segersten to start buying common shares. No PR, just have it show up on the OTC website. It will get posted, and everyone would know that they are SERIOUS, and will not RS this thing again. People will want to keep what they have for a better reason than trying to recoup, they would know it IS going higher, otherwise they wouldn't be buying. Lord knows it wouldn't cost him very much at all to do this.
Something I learned many years ago was that some CEO's only know how to run a penny company, some really do know know how to MAKE one into a multi-million dollar corporation. Where does Bob Segersten stand? I do not know.
At this point in time, I have stopped my buying until we see something come out of Boston that has actual substance. Still holding strong, sorry for the rant.
Good luck guys.
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