Let me share my opinion on this and to be upfront
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Posted On: 03/13/2018 10:58:51 PM
Re: Old & Wise #39106
Let me share my opinion on this and to be upfront I do own 75 million shares.
In the stock market to me nothing makes sense, what usually is believed by the masses to be common sense is not usually the case, this is why I am a contrarian. For ex mini 7 was a for sure thing, this is the pass, the one, all the rest of it, what happened in the end was not was everyone believed.
This is why ....when everyone is buying, I am selling, when everyone is selling and the sky is falling....then I am buying and this is why I am buying here near its 52 week low better for me to pay .0022 then where I seen it last year. Remember before the shareholders meeting etc the masses thought to be bullish, my position was no position.
For me, when a company isnt saying anything and the masses perceive it to be folding or a negative tone as there was after Songbird.... I started buying in February not November, waited for a 52 week low and read the Nov 30 release, waited waited then in Feb with no news and time passed with a negative sentiment I started to accumulate.... then I got the 2 8ks with a salary increase, then I read that no one from the company is saying anything, to me I would rather have that than a few folks knowing something and the rest of us not knowing anything.
Another 2 very important things for me that are underlying here, Mr Drago has alot of money invested and most likely has a circle of influence waiting on progress to committ as some of my friends are and Tony has never given up, determination and continuing to be hit only to get up and try again is a path to success potentially.
To summarize whats usually on the surface is not always the case. Here are a few reasons no one is saying anything:
1. they have nothing to say
2. nothing is going on
3. they are in trouble
4. they are working on something and is not finalized.
Could be any of the above. If the masses believe in the first 3 thats great news for me.
GLTA
In the stock market to me nothing makes sense, what usually is believed by the masses to be common sense is not usually the case, this is why I am a contrarian. For ex mini 7 was a for sure thing, this is the pass, the one, all the rest of it, what happened in the end was not was everyone believed.
This is why ....when everyone is buying, I am selling, when everyone is selling and the sky is falling....then I am buying and this is why I am buying here near its 52 week low better for me to pay .0022 then where I seen it last year. Remember before the shareholders meeting etc the masses thought to be bullish, my position was no position.
For me, when a company isnt saying anything and the masses perceive it to be folding or a negative tone as there was after Songbird.... I started buying in February not November, waited for a 52 week low and read the Nov 30 release, waited waited then in Feb with no news and time passed with a negative sentiment I started to accumulate.... then I got the 2 8ks with a salary increase, then I read that no one from the company is saying anything, to me I would rather have that than a few folks knowing something and the rest of us not knowing anything.
Another 2 very important things for me that are underlying here, Mr Drago has alot of money invested and most likely has a circle of influence waiting on progress to committ as some of my friends are and Tony has never given up, determination and continuing to be hit only to get up and try again is a path to success potentially.
To summarize whats usually on the surface is not always the case. Here are a few reasons no one is saying anything:
1. they have nothing to say
2. nothing is going on
3. they are in trouble
4. they are working on something and is not finalized.
Could be any of the above. If the masses believe in the first 3 thats great news for me.
GLTA
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