Goaweighs proof of ownsership of RECO @ $ 1.00
Sorry guys but it had to be done.
One of my earlier posts showing concern that RECO had a ton of cheap stock and warrants outstanding which I thought would make it somewhat difficult to get real traction on the stock. This concern haunts me even now because it prevented me from buying as much as I should have. I am doing well on the stock but not nearly as well as I would like, but that's the old Fear and Greed thing, a dilema we all face all the time.
But the good news is I didn't have any such reservation on TXP so I couldn't be happier with how things are turning out. For allof us I hope.
Wildcat, you're an idiot !
RE:RE:RE:RE:RE:Get this rig on the high seas already
It might take a bit more than one effort to break this free from these levels.
Have you looked at the pricing of the financings and warrants ?
Everyone who bought into this story early on is into windfall territory already and they still have massive positions of in the money warrants too.
While you're thinking Cobra, I'm thinking Boa that's eaten a fat shareholder and needs to digest that bad boy before it goes anywhere.
Think we may see some risk management in our future, ie. sell the free trading for a 5 bagger and ride the warrants, so we'll need volume to help get those guys off their stock.
If there ever was a play that's exciting enough to do volume in anticipation of a big win then this is it but it may not happen over night.
I'm an owner and have bought a starting position and now trying to figure out where to go from
here. Of course I want to make a fortune here but don't want to buy a lot of stock just to see some guy pound out his massive pile of cheap paper dropping the price a dime just after I buy a ton more.
Oh the perils of the spec market, what to do ?