Response to BUDDIEEBuddiee, I am not sure why your hostility. In any case, I am not a broker, just an investor. I suffer from what many smaller investors do, a lack of insider information.
You may be right, there may very well have been manipulation of this stock. However, I am guessing that it is more likely that those holding this stock, especially the retail investors (but probably also institutional--there were a few big trades recently) dumped this stock to get out while they could. Especially with click and trade capability of onine trading, falling stock prices can quickly create an avalanche of selling.
The more important question is--is there value in this stock at these prices? I think that there may be if Linda Chambers and her staff can negotiate decent financing terms for Dokie 1. I had a lengthly discussion with Ms. Chambers. She seems competent. My hope is that with time, the hiccups that have occurred with this company will be worked out, and Ms. Chambers will bring in better cost controls.
One niggling problem I have is the relationship this company has with Creststreet. I have the sense that a lot of money to being paid to these folks, but I don't understand the relationship very clearly and I don't understand what value is gotten from these payments. Does anyone have any insight here (I mean real solid information, not just venting)?
I share Buddiee's general enthusiam for windpower. I think it will play a very important role in future energy supply and will be a big part of any strategy to significantly reduce greenhouse gas emissions. Let's hope that EF can make sufficient return on its equity while it is developing such projects.
Cheers
G