Post by
chag25 on Aug 17, 2010 8:17am
Warrants = 2,25 millions in bank
Money is here for the project with tullow......
Comment by
diognees on Aug 17, 2010 9:49am
Remember the old adage"T'is folly to enumerate ones future fowl before the periodof incubation is complete"Still have to close over .20 today. Watch the last few minutes hopefully a non eventGLTA
Comment by
diognees on Aug 17, 2010 10:26am
If there was not a bid/ask showing one might think there was a halt in trading.Only 4000 shares traded in the first hour is very unusual and confusing.Lull before the storm??????
Comment by
stockabcde on Aug 17, 2010 10:33am
The general market is up..so people are paying more attention to regular stocks than this penny junior ie the big boys are busy with many other stocks right now...they will leave this one alone, maybe later the day when they have time.
Comment by
chag25 on Aug 17, 2010 12:33pm
I think we will see some action this afternoon. SP is 0,205$....Not to many bid here....Hope it will finish up
Comment by
diognees on Aug 17, 2010 12:36pm
Ther baaaack Anon has sold 110 k of the 138k traded so far. Looks like some one believes the WTS will be called and is raising last minute cash.
Comment by
diognees on Aug 17, 2010 1:44pm
First Anon now TD knocking out the bid at 20c with 68 k and there is still another 46k offered.Looks like the "black hats" have the upper hand a the moment and will prevent wts from being calledunless the Cavalry saves the day at the last moment.One thing for sure it will be an interesting close.
Comment by
stockabcde on Aug 17, 2010 1:54pm
Well, the execise price of the warrants is .12, wouldn't you execise them for a little profit? The 10 days looks like is just smoke screen...they are selling all along...watch for stop loss selling from traders.
Comment by
Ahsan on Aug 17, 2010 1:54pm
i am getting the feeling that this may go down more tomorrow. no one interested in buying basically. when the warrants get excerised at 0.12 there could be more selling pressure.
Comment by
chag25 on Aug 17, 2010 1:57pm
I'm shure 99% we will close at 0,20 or more...it's to big...
Comment by
Ahsan on Aug 17, 2010 2:07pm
but what will happen tomorrow. that is the question. they will make sure it closes at 0.20 tomorrow will it go down more? that is the question
Comment by
stockabcde on Aug 17, 2010 2:14pm
If you think it will go down more after tomorrow because of the warrants being execised...what do the people do with all the stocks they bought at .20 and above trying to hold .20 close for ten days....they going to sell too or they are just simply have too much money?
Comment by
Ahsan on Aug 17, 2010 2:21pm
man i bought at 0.265 and 0.25 too. now i just bought more at 0.20. what do u think? will it go down more tomorrow or not?
Comment by
stockabcde on Aug 17, 2010 2:32pm
No idea, I am not the person to ask anyway. This stock needs to clear those .08 and .12 cheap shares before ti will start to move so that's is why I said buy now and come back in 3 months.
Comment by
chag25 on Aug 17, 2010 2:39pm
Why sell at 0,20$ if this stock will be at 0,50$ in a few month ??? I thing it will start to move when they have all the probation for farm-in !!