GREY:ROAOF - Post by User
Post by
eztwo1on Mar 26, 2009 11:25am
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Post# 15872863
Perception is important, e.g. Nortel
Perception is important, e.g. Nortel
If a company such as OIL, can show somehow that there is a potential to carry on, then that (illusory perhaps) aspect could easily propel its stock price. That is what is happening now with NT.
Several posters here have created possible scenarios for Oil, some of which may perhaps be viable. If it can end up with oil assets of some nature (may right now be a part of the deal(s) to return something to large investors), then the stock may flourish, however briefly.
Oilexco from years back often was not all that clear about direction and seemed to have stock runs that sometimes didn't coincide with releases. I'm awaiting one of those.... brokerages alone won't let this opportunity slip away without some jumps to spur interest.....Who knows? Maybe Oilexco can actually pull out another rabbit? I don't believe, even now in these dire straits, that a stock run would surprise those who have been around this for a long while.
Nortel's "paper" actually doesn't have value when all debt obligations are considered, but look at what is happening. Hopefully, Oil will do the same... the best part: not much time to worry about the gamble, and there is the present stock support.