RE:RE:Re: QuestionPhantomblogger wrote: WCP, Why should the government have to step in? Did they do same with Exxon?
While I do agree with others that the value of our OYL should be around 20.00 CAD (as per all the thesis and theses (pl.), the SP still has to follow market forces and market flow. Also, a few influential Guyanese families are involved in this company together with perhaps some government people or families.
That being said, I understand the frustrations of Long Term Shareholders, including myself. What I have recently learned, is that there are many sophisticated PUMPERS AND DUMPERS on these media boards.
Pumper and Dumpers in a penny stock; it's really laughable! Markets in general have Pumpers and Dumpers; I understand that, but didn't recognize the extent in OYL, as discovered here recently.
C'mon pumpers and dumpers ..... long live CGX!
LOL. Hahaha!
GLTA longs!
PS: I don't blame the pumping and dumping; it happens because of management. Recent NR's on Kawa-1 are the Empirical Evidence. Actually it started from the reverse (inversion) 10:1 SP. Does anyone remember the reasons given for the inversion those many years ago? I remember it crystal clear!
Lots of good stuff here Phantomblogger:
- reverse inversion = giggles
- OYL should be around 20.00 CAD = laughter
- sophisticated PUMPERS AND DUMPERS = rolling on the floor
- Also, a few influential Guyanese families are involved in this company together with perhaps some government people or families. = stop already!
"Does anyone remember the reasons given for the inversion those many years ago? I remember it crystal clear"
No, I don't remember, can you please remind us what the reason for the inverse recursion was,or reverse inversion...or...