GREY:CXEYF - Post by User
Comment by
ziggy19on Aug 29, 2006 8:37am
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Post# 11286662
RE: You guys are out of control.
RE: You guys are out of control.derrez, your not trying to catch a falling knife your holding onto it (like me)or in our case a better analogy would be someone threw the anchor overboard and were holding on to it, now here`s my 2 cents on this situation, the ipo was 80 cents and "smart" money bought into it, warrants were excersized at $1.30 again "smart?" money, the geology seems ok and management is thought to be first class (though at this point i would`nt ask them to chew gum while standing on 1 foot)a possible explanation could be simple manipulation again "smart" money has a lot of shares and if news releases are sent off with negative vibes the paid bashers can spin it out any way they imagine and thats what i think is happening, if you like history read through the last 3 yrs of oilexco or even the press releases for me it went from $1.40 to now near $7 with lots of manipulation from the same group.