Incredible...People selling before news on Oceanica?
This is why individual traders get swallowed up. There are actually long term shareholders here who are saying they will sell into a rally from the G silver. While it is never wrong to make a profit, I would hope long term shareholders at least wait for Oceanica assay results. Instead, some will sell and the big boys buying will only gladly accommodate them and wait for the big move with Oceanica positive news.
It is almost comical reading some of these posts. But that is why some make large gains and other accept crumbs. The cash from G, and soon M, give substantial operating leverage far beyond the actual cash. Saying the shares ran up last week does not take into account what the shares should have been trading at if the G was a done deal. There was still no certainty at all that the G had silver. Some knew from the trading, but many were selling into the rally due to the uncertainty that always has followed OMEX. That uncertainty is over. If people sell into a rally at anywhere near these levels then they deserve the meager gains.
You will see how the few analysts react to the news. I am very confident it will be very positive as this extends far beyond the actual cash.
G plus M plus Oceanica equals at least 6-8/share pps by later this summer. Watch and learn. This is no longer the OMEX of old.
Well kids, I know you feel let down again by this price drop in the face of all your pathetic pumping of the latest news, but the market is giving you a different opinion. Again. After a decade or so of the same thing happening again and again, what have you learned? Put another way, how stupid are you kids anyway?
Welcome to the wooden head school of living in denial, all we will see now is a lot of bad mouthing in place of serious reposts, accompanied by the phony thumbs. LOL!
Lots of discussion on the potential for Oceanica over the past few weeks, but do we actually know anything? Where is it, even approximately? Who (Mexico?) owns the unaccounted for shares. What is the potential yield in terms of ore? What is the content of the ore? And finally, ore assays do not take months. Don't get me wrong, I'm heavily invested long in OMEX, with 60,000 shares. I think they already have the assay results. Not even sure they are obliged to release the results. I prefer not to navigate in foggy conditions. Can anyone clear this up for me?
One thing for sure-Wall Street will sure hear about this.
They also might start buying some, dabbling in it, just
to put it in part of their speculative position!!!!! Maybe some
new hedge funds. I think last Tuesday was just a drop in the
bucket-with 73million in float. Could we see 2-3 million tomorrow?