RE: attention all retail investors!!!! FYIconboy, it would be nice if you and others could show some objectivity. It is easy to say all is well boys and girls and CAN will deliver the goods. Next, to advise others they would be sorry if they did not have CAN is not the way. People do what they think is best, as you well know. Those who hold and hold, immaterial if there is a hurricane or a tornado on its way, it is their decision. Some choose to take money off the table.
The first think I would ask you and others to do is to analyze what happened today. CAN went well below 3 bucks, while SOC reached a high of .74 from yesterday closing of .56 cents. Never mind the volume increase of SOC.
I believe I may buy CAN around $2.50 and I am not bashing the stock (I have made quite a bit of money by taking profit regularly). Again, I may be wrong. All in all, I attempt to analyze events at my level. I do not have any CAN shares and do not plan to buy within the next few days. I have, instead, increased my SOC holding quite a bit (You will remember my posting: I got 16 SOC shares for one CAN).
I bought SOC from .54 to .72 cents today, adding a huge amount to those I had just over 40 cents. Why? I am reposting a previous post that made me buy more SOC. It is simple logical deduction. By the way, if Paul Matysek had sold all his option he bought on October 21st, he would have made almost a million bucks.
"Goodpiece superstar. Now yesterday I posted a list of an insider trader. There was only one person, He happens to be topdog at Potassium One, who is on SOC board of directors. He is Mr. Matysek. Now, he exercised his warrant at .50 cents and bought 250,000 and other warrants totalling almost !1/2 million of SOC shares.
By then he knew CAN had encroached SOC's claim. He also lend SOC I believe $150,000. Do you have to be a rocket scientist to know why he would spend all that money?
I wrote a few days ago that my lawyer friend interpreted what SOC legal representative wrote after reading the agreement. I said, if what was reported was correct. SOC had CAN on a barrel.
This morning someone wrote something stating CAN had won and SOC shares fell to .45 cents. Unfortunately I was busy with other stocks and much later I found I could have bought at that price. BUt I still bought at .55 cents and doubled my holding.
Why would I do such a stupid thing? Well, if Mr. Matysek did, so can I. If it turned out the other way, there is nothing I can do."