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Manitok Energy Inc MKRYF

Manitok Energy Inc is an oil and gas exploration and development company. The corporation is engaged in the exploration for, and the development, production, and acquisition of petroleum and natural gas reserves in western Canada. It mainly focuses on conventional oil and gas reservoirs in the Canadian foothills along with crude oil in Southeast Alberta. The majority of its revenue is derived from the petroleum and natural gas.


GREY:MKRYF - Post by User

Bullboard Posts
Post by Pacer64on Jul 18, 2017 4:09pm
91 Views
Post# 26482901

I'll try again, remedial.

I'll try again, remedial. If I had 2mil$, and an agreement with mei to spend up to 10mil$ later, at a to be determined price, I could lose the 2mil$ At a rate of 2cents /share and have bought/sold 100mil shares at a general lose. All this to keep the price down for 6 weeks. Of course the evidence of this action would be the high volume of shares traded. So now 6 weeks from now the 30 day average is say .10$, I buy 100mil shares. A year later, let's say, mei is all the way up to .20$, I sell out 10mil$ up, minus the 2mil$ I purposefully lost. Now ci, using this same math see where I would be if mei went up to 2.00$. ::) glad to be of service. Understand if that needed to go over this again, I will have an extra novice for you at the AGM. ::)
Bullboard Posts