Well, we should be hearing something this week about what was accomplished last week in Idaho, and we need it be it is clear and definitive. The trading pattern on Friday was certainly encouraging and seemed to expects something within a few days.
The following is my assessment after talking with some folks smarter than me.
There has been much speculation about tactics of the "traders" at I-HUB and how they will say anything to discourage buying when they are accumulating. Then they disappear or even get friendly until they get a marginal gain, and then dump shares into any upward momentum. This is very distasteful as viable companies in general are underpriced due to these negative tactics, and their twisting of facts is below most of us INVESTORS here. But they are "scorpions" in that respect and that is what they do....until they can no longer.
So, what might send them packing from SFMI? Well, at higher prices it mathmatically becomes much more difficult to get a decent % gain, plus they can't get as many shares, so once we clear .06-.10 with positive momentum after it is CLEAR where this company is going, they will go to another pond to find frogs to ride them across before the deadly sting. Some, however, will actually become SFMI investors to our benefit when they see the writing on the wall.
Make no mistake, a move and Friday close above $.05 this coming week would be a strong technical bullish signal to a slowly growing group of PM share investors. SFMI has we have failed at the $.05 area since February. We know the dogged traders lurk here hoping for a timing bone. There has simply not been enough SUSTAINED buying to absorb their dumps for a good while, but this will change, and if we get the right press release, this could be over the next 1-6 weeks going into the SH meetings on 9/20 to 9/22.
So, remain an investor and keep your bids reasonable, not stinky. We shall prevail because we own real assets while they own nothing but disingenuous rhetoric.....pic
