Join today and have your say! It’s FREE!

Become a member today, It's free!

We will not release or resell your information to third parties without your permission.
Please Try Again
{{ error }}
By providing my email, I consent to receiving investment related electronic messages from Stockhouse.

or

Sign In

Please Try Again
{{ error }}
Password Hint : {{passwordHint}}
Forgot Password?

or

Please Try Again {{ error }}

Send my password

SUCCESS
An email was sent with password retrieval instructions. Please go to the link in the email message to retrieve your password.

Become a member today, It's free!

We will not release or resell your information to third parties without your permission.
Quote  |  Bullboard  |  News  |  Opinion  |  Profile  |  Peers  |  Filings  |  Financials  |  Options  |  Price History  |  Ratios  |  Ownership  |  Insiders  |  Valuation

Longford Energy Inc V.LFD



TSXV:LFD - Post by User

Post by Inveskingon Apr 16, 2010 5:06pm
364 Views
Post# 17001795

Theory....

Theory........ and it has to do with the trading, nothing to do with fundamentals or property progress.

LFD is managed by the same team as VST.

Up until the seismic, and during the seismic phase, and since the seismic results, VST has been heavily manipulated up and down, and a lot of people have made a lot of money playing those swings. For no reason, VST would climb .15 to .20 cents in one day or two, and then over the course of the following 2 to 3 weeks, the price would fall back to the original price, if not lower. You will notice that the volume at the bottom, and top, are both the heaviest during this cycle.

I believe that LFD is in the early phases of the manipulation  that VST saw the past year or more. VST is about to accompany NKO (a more reputal company) to begin drilling any day now, so the manipulation should disappear over there, and more then likely will just be more pronounced over here.

I will be trading this one up and down starting with the next bottom, probably down to .29 or .30 again... many would argue but if my theory is correct, and as i say properties and fundamentals aside, they will play this one up and short it coming back. A lot of people say you can't do that with a penny stock, but come on, lets be realistic.

VST showed these swings constantly the past year, you can ask anyone on the board, even the longs will confirm what i have written here.

I am not talking logic or fundamentals here, I am talking about how the big boys make money in the meantime...

all in my opnion of course.
<< Previous
Bullboard Posts
Next >>