Long Term we are talking about a Nasdaq company wi
Post# of 39368
Long Term we are talking about a Nasdaq company with a proper valuation according to metrics. Short term we are talking about a start up speculative penny stock where credibility might be a major factor. Share price is not working on fundamentals and that won't happen for some time. That's a whole different kind of investment.
Short term credibility plays a major factor in any start up. That's a given. For instance the more credible a company is , the more willing an investor is to lend capital regardless of metrics. More investors are willing to take the shot if they know there is a major company is drilling. currently. So, undoubtedly a higher PPS will result. We have had problems in the past starting and completing wells. If I go to one of my investors with a video of a highly professional driller working our leases, he much more apt to say, give me a few million shares. So yes, those videos might be meaningless for you, but for me it can mean a major investment in a company I believe in.