$PSGR A view from a distance. If an investor
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Posted On: 09/12/2017 12:12:18 PM
$PSGR
A view from a distance.
If an investor chooses a stock in which to drop a few bucks, what is the primary motivation in the choice? A quick answer, and likely the correct response is a very nice return on the buck.
When choosing a stock, the investor should spend time researching the company. Questions that one should ask one's self include: Is it an old or new company? Who is involved with the company? Will it be around for more than XXX months/years (or is it someone's 'Get Rich Quick' scam)? Is it new or old technology? Is there a Market for the product or service? HOW MUCH RISK AM I TAKING? How long can I wait for the company to provide a return on MY investment?
Once a decision to invest is made, the investor should continue his/her due diligence by following information that is relevant to the company. The investor should ask: Does the Company have a Website? Are there company specific Blogs on the web that can (possibly) provide information? Does the company belong to a specific industrial/commercial group that has a website that provides general industry specific information? Who do I know that may have contacts at the Company or within the industry? Can I visit the company location or locations to see if progress is REALLY being done? Does the company have external support groups or required governing agencies: Investment Groups, Federal/State/County/City licensing/permitting requirements, consultants, labor relations groups, unions, or lobbying groups? Who calls the shots for the Company?
Investors quickly find that one question leads to another and that each entity will provide a few pixels of the complete company image. Occasionally there will be portions of the picture missing. When this occurs, DIRECT YOUR QUESTIONS TO THE CORPORATE OFFICE. Do not rely on hearsay or rumors on blogs. If YOU do receive an answer from the Corporate Office, let others know what has been discussed...a good idea is to note date, time and with whom you spoke and the subject of the discussion.
A view from a few feet away.
The choice to invest and to have remained invested in Pershing Resources has been mine for a very long time. Why? After reviewing all the above I would like to say because I saw a quick return on investment (I did NOT). Was the technology new? Maybe, but nothing has been produced based upon the original and subsequent 'technologies'. What keeps me from dumping the shares and finding something else? Perhaps a little vanity. Maybe hope. More likely because there have been some advancements made by Pershing Resources in the past two or three years. The acquisition of mining claims (mine sites) has provided a solid foundation to grow the company. The claims do have value without the actual activity of mining being necessary. Pershing Resources has reorganized its Corporate personnel. There has been a few more communications (Press Releases) from Pershing Resources than in the past. The most direct answer why I continue to hold the stock? It has become a source of entertainment to me: I write about it, I receive e-mail & texts & phone calls from current and potential investors. I continue to research the company through Web Searches of the Company and its listed personnel and ancillary personnel. So...the BEST answer I can provide is that I am having fun.
A view from a distance.
If an investor chooses a stock in which to drop a few bucks, what is the primary motivation in the choice? A quick answer, and likely the correct response is a very nice return on the buck.
When choosing a stock, the investor should spend time researching the company. Questions that one should ask one's self include: Is it an old or new company? Who is involved with the company? Will it be around for more than XXX months/years (or is it someone's 'Get Rich Quick' scam)? Is it new or old technology? Is there a Market for the product or service? HOW MUCH RISK AM I TAKING? How long can I wait for the company to provide a return on MY investment?
Once a decision to invest is made, the investor should continue his/her due diligence by following information that is relevant to the company. The investor should ask: Does the Company have a Website? Are there company specific Blogs on the web that can (possibly) provide information? Does the company belong to a specific industrial/commercial group that has a website that provides general industry specific information? Who do I know that may have contacts at the Company or within the industry? Can I visit the company location or locations to see if progress is REALLY being done? Does the company have external support groups or required governing agencies: Investment Groups, Federal/State/County/City licensing/permitting requirements, consultants, labor relations groups, unions, or lobbying groups? Who calls the shots for the Company?
Investors quickly find that one question leads to another and that each entity will provide a few pixels of the complete company image. Occasionally there will be portions of the picture missing. When this occurs, DIRECT YOUR QUESTIONS TO THE CORPORATE OFFICE. Do not rely on hearsay or rumors on blogs. If YOU do receive an answer from the Corporate Office, let others know what has been discussed...a good idea is to note date, time and with whom you spoke and the subject of the discussion.
A view from a few feet away.
The choice to invest and to have remained invested in Pershing Resources has been mine for a very long time. Why? After reviewing all the above I would like to say because I saw a quick return on investment (I did NOT). Was the technology new? Maybe, but nothing has been produced based upon the original and subsequent 'technologies'. What keeps me from dumping the shares and finding something else? Perhaps a little vanity. Maybe hope. More likely because there have been some advancements made by Pershing Resources in the past two or three years. The acquisition of mining claims (mine sites) has provided a solid foundation to grow the company. The claims do have value without the actual activity of mining being necessary. Pershing Resources has reorganized its Corporate personnel. There has been a few more communications (Press Releases) from Pershing Resources than in the past. The most direct answer why I continue to hold the stock? It has become a source of entertainment to me: I write about it, I receive e-mail & texts & phone calls from current and potential investors. I continue to research the company through Web Searches of the Company and its listed personnel and ancillary personnel. So...the BEST answer I can provide is that I am having fun.
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