What we're talking about here Gary is money. Of course I'll admit the excitement and challenge is a part of it, but if it weren't for the money, what would be the use?
Anyway, here's what happened. WAY back in the first part of Nov. certain news someone got a hold on and ran with it. CSMA was at 15 cents at that time. Within two weeks, CSMA hit a high of $2.65. For some reason, I still haven't figured it out, I didn't sell out. Maybe I was too greedy or just blind at that time. It could have been, and most likely was, others gave me the opinion that CSMA was actually valued. Two weeks after CSMA hit that high, it had dropped to half that amount. It bounced around there for another week then headed down to .62 or so then headed back up to over a buck again. You can check out the chart but the ups have been fewer than the downs. WHY did all this come about? Basicly because of the same reason it is happening now, news that always seems to be inadequate, incomplete or postponed.
All the while I kept the faith and kept buying all the way down. If it hadn't been for Ad-HaTTeRs, I don't think I would have stuck around. That is the only real revenue CSMA can count on. If not for Ad-HaTTeRs, CSMA IMHO would be out of business!
What drove the stock price to begin with? >News of a $30 to $80 million oil & gas field in Texas? >News of a Class V disposal well in Utah? >News of the LPS deal worth over $4 million? >News of Ad-HaTTeRs being a success in a trade show in Las Vegas? How about all the above. Where do we stand now? How many of the 4 "diversified" companies are left? How many will be left in another 4 months? That will make a year I have waited and watched and heard the "news soon" story.
You know, it wouldn't have been near as bad had in not been for, while waiting for big news and CSMA to get things going with the "great diversified companies", the stock price was going the other way, or at least would stabilize somewhere.
Still, after all of what has happened, it is the disposal well that is the "salvation" of our investment. Unless of course you are waiting until Ad-HaTTeRs freshens the world! Which may be worth waiting on! <g>
Call it bad luck or deals gone bad or whatever. It is a real let down for me. This is just my personal opinion.
KZAP |