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Gen III Oil Corporation V.PGK

"GEN III Oil Corp operates as an oil processing company in Canada. The concern owns the ReGen re-refining technology. It provides the ReGen technology which re-refines used motor oil (UMO) to produce Group III base lubricating oil (synthetic grade oil) in marketable quantities. Group III base lubricating oil sells for approximately 50% more than current re-refinery produced Group II products. The company's ReGen process utilizes common technologies in use throughout the world, but in a configura


TSXV:PGK - Post by User

Bullboard Posts
Comment by tracker11on Aug 31, 2012 5:27pm
390 Views
Post# 20286303

RE: Canaccord having their way

RE: Canaccord having their way

Pardon my ignorance with things like this, but...

Isn't all traders/investors main objective to make a profit?

What I fail to understand (and if in fact it's occurring) is why would Canacord buy all these millions of shares at a certain price and then try and depress/manipulate the share price lower. One would think that with the price of gold jumping as it did today and with pending (hopefully good) news expected, this could pop and make many investors including Canacord very happy.

I just don't understand.

 

Tracker

Bullboard Posts