GREY:LBEFF - Post by User
Comment by
CaptainMaxon Aug 06, 2010 4:12pm
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Post# 17329285
RE: trading at a premium
RE: trading at a premiumPuppetmaster,
Why do you feel a need to use Rocky's alias to post on Stockhouse?? Other than making the poor guy feel like he is contributing something?? Making him feel important at this point is useless in my opinion!
We all know he took a bath with you & your gang selling the pump & dump story. You even had him believing it was going over $60.00!! Why don't you leave well enough alone and get a life & your own alias!
Cheers,
CaptainMax
----------Original Message Posted 8/6/2010 2:30:33 PM----------
Millwright,
Whatever happened to you're latest learned prognostication of the market recognizing the value of LBE shares? I see it just can't stay above 15 cents. Whats up? Could it be the markets expect LBE to default on the repayment of the Jilin Jien debt issue. If so JJ can pick a whole whack of shares at 11 cents....poof...its gone. They do have till may next year I think but are still paying 8% on that money in the interim.
That means LBE is trading at a premium of about 36%. I don't think it will have many buyers.
Rocksolid