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Gold/Mining/Energy : IBI CORP IBIC (CDN) -- Ignore unavailable to you. Want to Upgrade?


To: Doug Heuring who wrote (39)3/27/1998 3:42:00 PM
From: pinnochio  Read Replies (1) | Respond to of 422
 
The price of this stock is suffering from THE biggest problem that has afflicted the investment community - watching and reacting to the scoreboard.

IBI is in the process of building value. Value is defined as assets, and alliances, and less intangibles, like the value of the BoD. In the meantime, people are watching the scoreboard. The scoreboard says 8 - 9 cents, down XX% since the last game. Baseless reaction to the scoreboard is driving the price down, plus those loveable mm's.

Some teams accumulate the best players, who perform alright but inevitably lose without proper coaching. We've got the coaching, now we're building the team, the assets and alliances. careful patience will get you a jaguar