Re: Getting Close Now
in response to
by
posted on
Feb 27, 2008 05:19PM
To tell you the truth I'll be absolutely thrilled to death to just see CSG get back up above 80 cents sometime (anytime!!!!) this year and to see it STAY above 80 cents to just reassure myself that the world and the market have not both gone completely mad and insane.
I'm beginning to seriously think that the biggest problem may be a combination of 1) 99.999999999% of the people in the world do not know about this company ........leaving perhaps only 200 people in the world who actually do, and most of these people are Guatemalans and Mexicans who likely are not "basking in money" and 2) The remaining 20 or 30 people who know about CSG and actually do have enough money won't touch it because it is a "penny stock" and hence don't meet their standards.
Either way, in spite of the frustrations in owning this stock, I still feel like it is "destined" to eventually do well. But it isn't as I expected. Life never plays by the rules. It has to throw one curveball after another at you. But let there be no mistake, as Warren Buffett once said, "Short term WS is a popularity contest, but longterm it is a weighing (of profits) machine". CSG is no different. But what is up with the insider selling? Perhaps they either need money and/or even they would rather put their money into other gold stocks that are moving right now. Even the insiders can perhaps sense that they can make a quicker buck elsewhere in the short term .....or so I hope that that is all there is to it.
....regardless, yeah, I'll take 80 cents this year, a buck next year, and a buck twenty-five the year after that. Give me that and I'm one very satisfied camper. 1.00 - 1.50 after earnings? Definitely possible ......very possible. But somehow I remain skeptical that it will STAY ABOVE 1.00. (For me that is the key.) Why? 1)Because I NEVER have that of "quick fortune". It just doesn't happen in my lifetime nor will it likely ever happen. and 2) The stock will likely still be unknown by 99.999999999% of the world out there even after earnings for Q1. But if it does, hey , I"LL TAKE IT!!!!!!! Perhaps it will require a buyout for me to get all of my money back. And perhaps not. Either way I'll dream for a moment or two off and on every now and then that perhaps you could just be right Barz. But until I actually see it happen it remains somewhat hard for me to truly vision it ... especially after seeing this stock languish for so long.