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AGORACOM News Flash

AGORACOM WIRE - FRIDAY MAY 25TH, 2012

FOCUS METALS (TSXV:FMS) Changes Its Name to Focus Graphite Inc.

  • Aim to develop and manufacture the best technology graphite in the world
  • Additional shareholder value will come from investment in commercialized graphene through joint venture partner, Grafoid Inc.

Read More   |   *SPONSOR

INTERNATIONAL PBX VENTURES (TSX:PBX) Signs Copaquire Joint Venture Option Agreement - $90M Potential Payment Read More

AGORACOM Maintenance Alert: Friday Evening Downtime for About an Hour Read More

LOMIKO METALS (TSXV:LMR) Graphite and Zinc Price Outlook is Favourable Through 2013  Read More   |   *SPONSOR

 

 

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Re: Hey - stock price response

in response to Re: hey by dicek
posted on Nov 29, 07 11:23AM

You are right that the company's top line sales figures and revenue continue to grow; and at a pretty impressive clip in this overall environment. I believe there are two reasons the stock price isn't moving back to 0.03. As another poster stated, the stock is relatively thinly traded, and "traded" is the word. Large holders can and do take profits with the 0.002 to 0.003 price swings. I think this is preventing the price from moving back to 0.03 or higher.

Secondly, although the top line is moving nicely, it has yet to move to the bottom line consistently. As soon as the true profits start to catch up to the top line growth, the stock will move. As one other poster states - it could fly if the phone translater project succeeds.

I own over 6 million shares presently, and will keep accumulating every time the price drops to 0.016 to 0.017.

 

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