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Regent Ventures Ltd RGVNF

Regent Ventures Ltd is engaged in the acquisition, exploration and development of mineral resources properties.


GREY:RGVNF - Post by User

Bullboard Posts
Post by stocktalk2on Jul 28, 2006 12:08pm
130 Views
Post# 11158985

barabing....

barabing....I'm not sure why you keep shooting the messenger. My comments came directly from posts by others on this board. I didn't make them up. Regarding negativity, stocks that plummet create negativity, not the people holding or buying the stock. You keep saying I give management too much credit. I don't give them any credit. I agree, they have no control over their stock, and who is responsible for that. With regard to who you choose to believe and why that's your business. The reason for knocking the stock down and doing a pp is no great mystery. Companies do it all the time, and yes, sometimes not by choice, and sometimes it just plain backfires on them. For example, the company goes shopping for money and it gets out on the street, hey, XYZ is looking for a $1 million. They look at the outstanding shares, the liquidity of the stock, and it's recent action and determine where they think the stock should be, or where they would be comfortable doing a PP. I will gaurantee you could talk to half the companies looking for funds and they would say they experienced downward pressure on their stock during that period. With regard to REV, why would Haywood do something like that? Simply put, money. You're right, they own the majority of the shares, so for them to sell several million shares resulting in the S.P. dropping and then doing a PP where ever it settles makes them a lot of money. Maybe a better question would be, why wouldn't they do it? Having said that, the sinister spy plot you seem to believe in is nothing more than simple greed. In my view, you would have to have a lot of balls to short that much stock knowing that a brokerage house owns the majority interest. Could it happen? Sure. But if that was the case it would not be difficult for them to at least find out where the stock was being shorted or who has been covering, capiche.
Bullboard Posts