GREY:RGVNF - Post by User
Comment by
stocktalk2on Jul 10, 2006 10:56am
197 Views
Post# 11082515
RE: new to the board
RE: new to the boardActually, it's shrunk more than 60% off it's high. Simply put, the company has not delivered as promised. Haywood, a brokerage house has control over the stock via it's interest, AND, the company doesn't answer it's phone. Oh, and did we (the board) mention millions of cheap warrants. Nice recipe for a freefall, especially when a huge short position was building. Some people have made a lot of money, and it isn't the pigeons outside the food chain.
When I hear people saying the stock was way ahead of itself when in fact, many said, even before the Poland deal, that Red Mountain's value put this stock at .80 to $1, it makes you wonder what kind of hype was floating around. That kind of hype should be flushed.