Omagine

OK I get it. It does boil down to not enough buyers. But why are there not enough buyers? I have not answered that question. My comments have really pertained to what the actual economic value of the company would be or is. If Omagine were liquidated, it would be worth over $700m. And that ignores future profits (that is, it doesn't matter what the P/E is).

So most of our conundrum is not understanding why more investors (longs) don't recognize the actual economic and real value of this legal entity. If they did and if they came to believe the story, it makes sense that buyers would show up and buy into it.

Yes, there are not enough buyers. Why remains the question. And it has nothing to do with the valuations and calculations. Why are investors not seeing the picture, the potential? I think that is the question at the end of the day.