GREY:SDRYF - Post by User
Comment by
gonecodeon May 05, 2011 6:18pm
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Post# 18537250
RE: RE: RE: RE: Did someone say .19 cents ?
RE: RE: RE: RE: Did someone say .19 cents ?Investing1013, you are correct, Oilexco did go bankrupt and Schacter recommended it prior to the CC in 08/09, but Oilexco didn't go bankrupt due to mismanagement. It went bankrupt as a result of the Royal Bank of Scotland and a syndicate of lenders refusing additional financing when all credit widows closed back in the beginning of 2009. So to imply that Schacter was wrong with recommending OIL is like saying Schacter should have seen the CC coming...not a fair comment...just thought you should know.
You know something................I don't care who you are but if you business is ANALyst then you better know everything there is to know about a company including ,,,,,,,,,,
how much money they have and how long it wil last and who holds the purse strings...........
I don't remember the entire story but I can tell you one thing...............He did recommend it and it failed.......
END OF STORY !!!
beyond his control ? maybe but does not change a thing........
He is not prefect .............You just said it ...............so could he be wrong here also..............
Maybe he doesn't know all the facts !!!!! as in OIL EX..........
I can tell you all this much ...............Sea Dragon will run out of many also .........SOON !!