SOROS WANTS 25% OF LFD!!!!Hello Everyone,
By doing a few calculations it appears that SOROS wants to control about 25% of the shares of the company, which to me means, significant CONTROL.
Why would he want this control?
Cause he knows that LFD is sitting on a very VALUABLE ASSET and once it drills to become an OIL PRODUCER, the stock will fly.
SOROS is still in the accumulation phase and, I would agree that LFD may do a re-pricing of those 65 cents warrants, say for 30 cents, enticing SOROS to pump up the stock.
The news is very bullish on LFD. Mind you it is difficult to see stock manipulated this way, but come to think of it the other way, once SOROS has significant control, then look for price to be manipulated way up, maybe even into overvaluation territory for a very long time. Say trading between $ 10 and $ 15 per share, when others might say it is crazy priced.
So hang on, be smart, LOAD UP, at one point, SOROS is all in......
JMHO