re: Ann: Confidence in Gladstone Steel Plant ... how many share holders are there?
just look at the volume that goes through,
look at the illiquid nature of the buy debth.
I'm new, and yes, have bought also, but i have joined a fatigued registry.
Its as simple as that.
and you had toast.
You may be buying, but who else is? few.
Why? ask that. You beleive.
Why arent the rest of the longs, your comrades, also doing same,? Fatigue.
By all means accumulate as you are, i'm sure it'll pay off for you, as mine own faith in my decision for buying.
I'm simply offering comment and diagnosis on the reasons for a stagnant, and illiquid market depth.
I'll add one other thing. If it all turned sour, again, you could not possibly exit all of your position, without gutting the share depth, and taking a massive loss.
That is the thin ice of a fatigued registry.
On the other side of the coin, if they pull it off, then buyers will return, and will become far more liquid.
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