GREY:RDWEF - Post by User
Comment by
riverrowon Mar 20, 2008 6:46am
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Post# 14752426
RE: REDSTAR
RE: REDSTARAll in all look like decent results. And over $4 million in the bank to boot!!! It's beyond me why RED isn't trading at at least $30,000 per flowing barrel and with the cash on hand the share price should be trading at $1 without any buyout offer from GPX. On the otherhand if RED is so hot why not the appearance of a white knight that makes a better offer? The breakup fee isn't all that high.