GREY:MDCGF - Post by User
Comment by
oilandgaswellson Feb 17, 2010 1:23pm
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Post# 16791889
RE: RE: Hammer Time!
RE: RE: Hammer Time!That was my 100,000 dump between .45-47 around 11am. Sorry folks but I smell a rat here. I hope i'm wrong for your sakes but when it looks like a duck, quacks like a duck....well you know. Been a long time shareholder (2 years) but you can't fight the tape or the trend. As for Paradigm et al buying @ higher prices...that is not a guarantee of anything. Just ask the numerous investment banks that did financings for Companies like Timminco at 8, 9 and $10 a share and a $20 million financiing for VMS Ventures @ 1.75. There are likely a couple million more warrants @.25 to be exercised before late March expiry so there could well be more downward pressure on SP until that overhand disappears. I might be back to buy in the low .30s before hype on phase II begins.
Thanks for your insights the past year, best of luck!