Re: Drip drip drip...
in response to
by
posted on
Sep 06, 2013 11:23AM
(Edit this Message from the "Fast Facts" Section)
Carmine,
I am not really sure you even COULD pump and dump this stock. For that to happen, it would actually have to go UP SOMETIMES! When I look back at the chart of this stock over the last 3 years and the last 3 months (the amount of time I have owned it), NOTHING looks promising.
These are just FACTS. The things we talk about here in the forum tends to focus on OPINIONS, RUMORS, and EXTRAPOLATION. Whenever someone points out the FACTS, they usually get piled on and slandered.
Here are some FACTS:
3 YEAR CHART:
3 MONTH CHART
I may be new to this stock, but I am not new to the world of business or investing. I bought a stake in this stock based both on a recommendation from a long time friend and doing some (not enough) of my own due diligence. Frankly, I was sceptical from the outset and it was friendship that swayed me to take a "Gamble" on this stock because that is what it is.
The additional facts found in the SEC filings have been discussed by others in previous posts and NONE of those filings have facts that would suggest a company that can even survive, let alone prosper.
Here are some of my own thoughts and speculations...
Like a lot of people here the only thing I have to go on is HOPE. We HOPE that the "dots" we are connecting ACTUALLY come together. We HOPE that PQ actually gets out of the driver's seat and someone else takes the wheel. We HOPE that SOMEONE... ANYONE... from Canada, South America, China, ANYWHERE, actually invests real money into this deal.
And... we HOPE that the share price will be able to climb through the bottom feeders who are likely now holding many tens or hundreds of millions of shares that they will be happy to unload some of those shares at $0.02 - $0.03 (the high range over the last 12 months or so).
Let alone all of the people who have been "introduced" to this stock over the last 12 months by their friends who now see this as a pretty shaky deal and if they bought in at these penny and sub penny prices over the last year, most likely many investors would be happy to cash out at $0.02 and double their investment and move on.
With all of this... I can also not see that this stock has much chance of breaking into the $0.05 - $0.10 range anytime within the next year or so. At BEST I think we can hope to reach $0.02 - $0.03 over the next 12 - 18 months IF the investors come in AND we can get enough BUYERS of this stock to consume all the dumping that will occur as this thing moves higher.
Ending on a brighter note (and the only reasons now that I have any hope for SFMI)...
Activities and building have actually occured at WEM (FACT). There have been significant investments made by the insiders into this deal (FACT). I can't imagine many people involved having much to benefit from this thing dying a slow death (IMHO). Gold and Silver should both be solid investments going into the future with the way the US Dollar has been inflated beyond belief and the USA's own impending debt crises is just around the proverbial corner (FACT).