GREY:GMFLF - Post by User
Comment by
blackjackallon Jun 13, 2008 4:33pm
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Post# 15184223
RE: Don't know exactly why...
RE: Don't know exactly why...Tech9one, I think you explained things pretty well. You can't completely fault some of the pumpers here though. They have no choice, they have to try to feel like they are doing something to rescue themselves. The fact that none of the pumpers can stand up and say that this company is being managed poorly tells you everything you need to know about them. Real investors have to be feeling frustrated and they have the right to vent their frustration. Take a look at the chart, how can an investor not be disappointed? If you were to believe Elp and the others you'd think that management has done absolutely nothing wrong. Yet why is the share price down here? The company is very low on funds. They have had multiple delays and have diluted the dung out of this company. The market is telling you all you need to know. There is a reason that the share price dropped again the minute they announced the financing. Elp and his friends have a motive. All an investor needs to do is look at the facts, managements track record and who has benefitted so far to know what this company is all about. If you think management gives a rat's arse about shareholders you've been drinking the koolaid. $0.12...........that tells you everything.