06:50:59 EDT Fri 26 Apr 2024
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Pure third, 52% of the TSX-V is 10 cents or less

2012-11-27 20:57 ET - Street Wire

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so if over 50% are under 10 cents that is a healthy market, since everyone in the media and securities legislators have been lamenting and crying about stock promoters since 1980's. Your article clearly states only 326 companies actually are producing something and generating revenues,the rest are all speculative projects- should a speculative project be trading at $1.00? on what techincal and economic basis is that justifiable? and last opinion is this, the speculative deals are cheap for that reason, if you pick the right project and load up at 1 or 2 cents, for $10,000- 5 million shares, and as even in the past 6 months the odd project hits and develops into something a run to $1 or higher has happened. Any derogatory comment suggesting because a stock is under 10 cents it is a POS only proves you yourself do not understand the type of market you are writing about- get out.

Posted by point is what? at 2012-11-28 18:39


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