GREY:CCZFF - Post by User
Comment by
Barbazanon Feb 17, 2009 2:53pm
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Post# 15784090
RE: Easy target for manipulation...
RE: Easy target for manipulation...
Why is it that a reverse split is such a great short play? I just don't get it... the fundamentals don't change - and the reason to do it is to attract investors with larger pools of capital. It's a bullish signal in my opinion - but it never works that way - perhaps MA's get all mixed up to spreadsheet investors...
When did they initiate the normal course issuer bid last year? Has it been the allowable 12 months yet? They have indicated that they will purchase another 10%.
The best thing about this company is the high inside ownership. I have no doubt that shareholder value is #1 on this boards to do list. S & P around and falling under 800 for first time since November - that's what's hurting this stock these days.
I really believe in the indirect natural gas play here. I think natural gas will be fuelling everything in the next 20-30 years. It's cleaner, it's plentiful and it's powerful. And Obama will make it a big part of his energy plan. CCZ has their foot in the door of most natural gas players in Canada.
I agree with Leriche re Flubber - the dude's an attention seeker - slap him on ignore and stop feeding/acknowledging this nut.