I must say in deference to your point of view that I certainly hope that LUMM does not get too swelled a stock price out of all proportion to whatever its true value actually is. That would do no one any good in the long run. In the short run, of course, there would be some fast profits to be made. In the long run it would trade at a price more in line with its earning ability, and very quickly return from overinflated values to its justified price.
Presently this company, fresh from a grand opening launch, doesn't really know what it is worth. It is full of enthusiasm, prospects, and hope, not hype, I don't think, but hope. And the market, perhaps too often, puts too great a value on hopes!! But what is one to do, put a caveat at the bottom of every posting, like is done for press releases, when listed on NASDAQ, that in effect says 'watch it'- there's a lot of future oriented talk going on here? Perhaps, but not likely!
In my particular case I have great hopes for LUMM, no doubt about it. If this enthusiasm and anticipation comes through as misleading hype, well it is being misunderstood. I have always in my postings endeavored to convey the true situation, that it is in LUMM's prospects and the future where the value lays not here and now.
I hope this post clarifies that for those who thought otherwise.
Cheers,
Don |
