GREY:CXEYF - Post by User
Post by
OceanRanger1on Mar 25, 2010 10:24pm
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Post# 16926242
Buying Opportunity
Buying OpportunityWell I hope that the members of this board recognize this as the buying opportunity that it is. This may be the last chance to get in at these levels. All-aboard the train will be leaving the station shortly.
Guaranteed that the hitch holding up the deal is coming from the Candax side - they must have found a closet full of skeletons. Anyone who has held this stock for any length of time knows that Murphy's Law strikes these guys with everything they do. They have not been able to get anything done right so why ruin a perfect record - may as well leave the company with their record winless streak intact. Good work John.
Think about the situation - if geo wants out do we need an extension? Come on guys wake up. This is a done deal. This board has the advantage of a headstart on the market with Candax so see it for what it is or miss the opportunity.
I have absolutely no technical knowledge about oil and gas. I have been a realtor for over 25 years and I do have experience with putting together and closing deals. If the buyer wants out the deal is dead right now. If the seller wants to pursue the buyer for damages for a breach then they have to start an action against them but the original deal will die. We have an extension because the buyer still wants to buy. That's what my professional experience tells me loud and clear.
The market is going to be so happy to see the new team that we could double just on that news alone. I am making the call again - this is the bottom - buy here with confidence. I picked up another 40,000 at 12c today. I even convinced my friend to buy 15,000 today.
30% gain at 15c
67% at 20c
We could hit 20c easy and I thought we would see it today if the deal had of closed.
Easy money right here. between 30 and 67% in less then two weeks looks ok to me.
Maybe I am the only optimist on this board. I guess I'm going to look real smart or the big fool but I have no doubt which one is reserved for me and I'm all-in.
We see the flop next week.
Run baby Run
OceanRanger