GREY:BNKPF - Post by User
Comment by
himmleron Mar 14, 2019 2:20am
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Post# 29483462
RE:RE:Sell side that was selling millions of shares last week
RE:RE:Sell side that was selling millions of shares last weekTheres holes in both arguments..first of all its obvious to say that for every seller theres a buyer..no kidding.Secondly ..blackout period? sounds like speculation to me.Broker,you say anonymous isnt a long term holder..how would you really know that?More speculation.What about all the countless shares traded in the past from anon to anon? When cross trades are done its truly difficult to read as to why.Is it the same trading house..or two different anons for example?
I will admit that to speculate is all we can do to a point...we do know for a fact that they're having delays for giving us accurate results..as per last news that I recieved we also know theres no dilution coming however we know also that they need financing.But thats nothing new to us either,On this BB its been discussed almost a year ago that financing was needed.A years past now and it seems we forget that nothing changed with this company except 25 cents a share instead of 50 or 60.
Some would argue that 25 cents for where we are is low...but compared to most penny stock oilco's BKX at this point is financially in better shape than many.Co's that have 20000bbld a day are trading at $1.30..but have much higher debt and their in Canada which isnt a good environment for them at this point.
We'll see more clearity when the financials come..good or bad.