Join today and have your say! It’s FREE!

Become a member today, It's free!

We will not release or resell your information to third parties without your permission.
Please Try Again
{{ error }}
By providing my email, I consent to receiving investment related electronic messages from Stockhouse.

or

Sign In

Please Try Again
{{ error }}
Password Hint : {{passwordHint}}
Forgot Password?

or

Please Try Again {{ error }}

Send my password

SUCCESS
An email was sent with password retrieval instructions. Please go to the link in the email message to retrieve your password.

Become a member today, It's free!

We will not release or resell your information to third parties without your permission.

Bullboard - Stock Discussion Forum CANDORADO OPERATING CO V.CDO

TSXV:CDO - Post Discussion

CANDORADO OPERATING CO > Absurd Overreaction
View:
Post by wildman2 on Jan 22, 2011 9:27pm

Absurd Overreaction

Some of the posts here are completely and utterly absurd.

The resources in the ground remain the same no matter how big the share count.

A stock split does not change the intrinsic value of the company.

You'd think they had some driling results and found some dust and some tumbleweeds.

the CEO needed an excuse for the fianncing not coming in so he found one.  I don't agree, but the intrinsic value of the co. remains the same.
Comment by goldengirl20 on Jan 22, 2011 9:49pm
You are NUTS  first this not a split it is a consolidation, and if you know anything about the markets you would know this does have a dramatic affect on share price.
Comment by trader4ever on Jan 23, 2011 5:08am
After the consolidation the price per shares would be .75. A lot of gambler will believe  ( it is ALWAYS like that ),  that CDO has been rocking. They will sell big time and hammer the price down to .30 or .40 (which is .02 before the consolidation). Current shareholder will again lose again.A price (post-consolidation) of .75 would make one think Reed believes CDO goes up to $ 2.00 ...more  
Comment by trader4ever on Jan 23, 2011 7:14am
By the way, there is always rumours about new inverstotrs: Well, if those multi-million shares shall have been bought by new investors.....those experiences investor might kick the a$$ of Reed if some weeks later he destroys the value of their new holding. I think this board does not really have any clue, how desastrous a consolidation will be for CDO. And I assume that those investors - if they ...more  
Comment by Rambo007 on Jan 23, 2011 9:47am
Maybe MF will drive the SP price down to 5 cents again after thr R/S and will still do the PP at 5 centsThat would be a double wamy for Reed
Comment by Rambo007 on Jan 23, 2011 9:51am
I guess CDO will go for a PP at 5 cents after the R/S since they only have 5 million shares..They could aford a bit of dilution at this point....Instead of a PP at 5 cents with 80 million sharesToo shady for me
Comment by Rambo007 on Jan 23, 2011 10:06am
Just kidding I have to agree with crash's postGood luck all
The Market Update
{{currentVideo.title}} {{currentVideo.relativeTime}}
< Previous bulletin
Next bulletin >

At the Bell logo
A daily snapshot of everything
from market open to close.

{{currentVideo.companyName}}
{{currentVideo.intervieweeName}}{{currentVideo.intervieweeTitle}}
< Previous
Next >
Dealroom for high-potential pre-IPO opportunities