This is just a conjecture, but I think one of the reasons why we do not run up as fast as, say, INFE, is because we still have the old name. New investors that don't do a lot of DD are understandibly put off when they see a casino cruise company that is now in the energy business. They would not understand about the shell and the reverse merger unless they read through some things.
Having said that, I think that is healthy. It is healthy because that means that people who buy have done DD and are strong hands. They last thing we need right now are a bunch of day traders or pump and dump artists running through here. I would gladly trade nice steady gains over an extended period over large gains that with high volatility.
The drop the other day was from shortsighted people taking quick profits, from day traders, and from MMs using that to their advantage to cover their short positions. Now we have a much stronger group of investors, and as more news come I suspect our gains will be much better, even though I will gladly take 20% -- heck I will take 1% a day if I can get it. Keep in mind that the dow is returning an average of about one tenth of one percent per trading day.
But when the name changes, bar the door, katy. |
