GREY:CTPMF - Post by User
Comment by
mnorth1on Feb 22, 2011 10:11am
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Post# 18172710
RE: RE: Why is this stock not moving up? EOM
RE: RE: Why is this stock not moving up? EOMI've been hearing this story now for a while. Just how many sellers are there and if they've been selling for over 2 years now maybe that's not what's happening here.
I don't see how these properties will be anywhere near producting for years and years and years to come. There will be more than one market cycle coming and going in the interum.
As for not promoting the stock...just what is there to promote? Nothing from what I can see. If they're not promoting it now when the story has the potential they won't be doing it later. Sometimes a company's management just doesn't get it. Continental does not have a good image out there for a number of reasons and their management is so Draconian they don't have a clue on how to deal with it.
Besides, from what I can see the stock is way over-priced. Management too slow to move. Maybe some burned bridges with institutionals...who knows? Many more problems with this dog.