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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

 

 

Message: wrong reaction

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Re: reaction

in response to wrong reaction by lebnjb@ameri
posted on Aug 02, 07 05:05AM

Hi lebnjb, The market is very impatient. When the name change was announced the market became over exuberant and the price ran up into the high two dollar range. They assumed that the final big announcement was going to follow quickly (within days). That did not happen most people holding the stock were up money, there was month end to factor in and the major announcement has yet to come= Sell Off. In short Many shareholders have been tied up in the stock for years and as soon as the final vend in of the property to the development company didn't happen immediatly they sold their holdings and created downward pressure. That said once all that takes place the shares should be worth 5-6 dollars a share.

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