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Advanced Explorations Inc. ADEXF

"Advanced Explorations Inc is a development stage company. It is engaged in the acquisition, exploration and development of properties within the resource sector."


GREY:ADEXF - Post by User

Bullboard Posts
Post by behrhunteron Apr 14, 2010 10:47am
218 Views
Post# 16989900

clarification

clarification

 Thanks for you imput.  I was trying to determine whether to invest here, and , as importantly when.  The part that confused me a bit was that I could not determine if the insiders were buying because they knew the stock was going up, or if they were making an effort to artificially keep the price up.  This was partiucarily a concern because last Wednesday there were simply no trading to speak of..That is not usually a good sign when the volume has been good, and there was one small trade made, as if to fix the price.  So far today I notice again there is no trading. Very very unusual trading pattern.

In any event, maybe you can give me your thoughts as to why invest now.  I simply think I should wait and have a look at the financial statments, as others have suggested.  And wait until the drilling program is actually officially announced.  I just dont see the stock going up that much in the interim.  There seems to be, from the trading I looked at, only a few traders, which would seem there are others, like myself waiting on the sidelines.

Your thoughts, as always, are welcime

Bullboard Posts