GREY:CXEYF - Post by User
Comment by
JohnnyOilon Jun 11, 2008 8:27am
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Post# 15170414
RE: Criminal Stuff?
RE: Criminal Stuff?Truth is ... these leaks do reflect poorly on management. I own Bridge Resources and they halted for 3 days and a weekend to prevent insiders from getting an inside edge on their flow results. That was impressive. However, in fairness to management, what are they to do. They may still be a few days from production and with their record, they can't halt the stock until it comes on line. That could be months!!!! Furthermore, if it is not halted, there are far too many workers with cell phones that can leak the information. In todays era of instant communication, they are somewhat defenseless. All that being said, I'm glad the leak is positive!!!