OTCPK:WSRLF - Post by User
Comment by
muley1on Jan 28, 2010 9:32pm
606 Views
Post# 16730956
RE: reason for the share price
RE: reason for the share priceAs far as I am concerned the recent share price has nothing to do with potential share issuance and everything to do with manipulation by a market maker who wants to accumulate cheap shares. I personally can not beleive we are able to pick up shares at this level. Do not forget that when these shares first came on the market they started at $4.00 and hung in the $3plus range even before they drilled hole #1. There is tremendous upside here and they have 90% chance of hitting oil in one of the two zones. The idea that they would do a PP at this time is crazy, I do not know Lisa however I would doubt that she would even be privy to that information. I beleive this stock could be well over $3.00 in less than a month and management would be severely chastised if they diluted shares at this weak price.