LatelyHaven't looked in a couple of days. I see that Management sent a release stating nothing has changed, which I knew already but it is nice too see. I told my friend to put in what I consider a stink bid filled yesterday, so lucky for him. But for alot that couldn't add, I'm sure they are not happy about this whole scenario.
A couple of points. Since the high of 62 cents on about Oct 21st, less than 10% percent of the entire float changed hands. This was hardly a mass selloff. It seems to me after the first drops buyers taking advantage of the situation on weak bids and driving down. The main break was dumping of 78k in shares in the last few minutes a few days ago after only briefly being dropped under the 47 mark. So within an hour it drops from 47 cents to 41 on less than 100k in shares (one third of the average volume over the last few months) Now after reading these posts, whether or not it was this roberts guy I don't know, nobody will know, his history shows no posts really ever on anything. I believe that the SP would never dropped to that lower level without that "little venture dump at close", who knows I didn't even think it would see the number "4" again.
I go back to my original item, there is a fantastic quarter coming up, the third in a row. This venture craziness WILL end, as there are tons of strong hands still in this company. More volume will just consolidate that. We are not selling.
We don't need at this point but if they do sign another contract with say Qatar, look out.
Cheers
Presclubs.