TSXV:ART.H - Post by User
Post by
prairie08sheikon Jun 19, 2011 12:07pm
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Post# 18735016
So close now.
So close now.Perhaps some investors are panicking no news so far. As one of the board members noted, anytime gap down, quickly returns to mid 40's. Inexperienced hands falling to experienced hands. It is like the proverb. An inexperienced man with money meets an experienced man. The inexperienced man leaves with the knowledge and the experienced man leaves with the money.
You might agree with this on all these juniors and new investors.
Another person noted on the shareholders voting if there was a buyout down the road. It is usually the majority share owners (owners, directors) who decide for the individual investors. Individual investors-common folk have no control here as they do not have enough % of votes. Yes, they have a vote but it is of no consequence, only follows by-laws, rules by stock exchanges..
It is what the big boys want and do.
It will be interesting how much of a jump LFD will get if and when VST reports.
I wonder if it will follow the WZR trend, hit a high, then reality sets in and it falls back into a lower trading range until the next well reports.