GREY:RGVNF - Post by User
Post by
stocktalk2on Aug 29, 2006 11:45am
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Post# 11288053
Tribe...almost?
Tribe...almost?I'm going to do my impression of Curtis for a moment.
"looks good. the stock rose from the mid-twenties very quickly" After falling from a $1.
" the only problem is that a lack of announcements" The problem is a lack of credibility.
" But with the summer ending and the Polish gas deal basically signed"
I'm not sure what the summer has to do with anything. Are you saying that these people don't do business in the summer or just have taken a vacation. If the deal was "basically signed" they would have to announce it because it represents a material change in the company.
So what has really changed? NOTHING!!!!! I would love to know how many of the people on this board have been told that the deal would be done and the stock recovered by the end of August. By the posts, I would say many. But the market tells the truth.
As I said, the reason we are in this situation is because the market doesn't believe these guys could shoot fish in a barrel. If we have hundreds of millions or billions of dollars of value in these concessions which I believe is accurate, then the only conclusion the market is coming to is, but what does Regents share look like. Right now, the market no longer trusts what is coming out of the REV office.
They have a lot of work to do to establish credibility after showing they, both Rick Wilson and Ed Mueller were selling stock on the way down while the deal with AAA was clearly unravelling.