TSXV:BER.H - Post by User
Comment by
knowsnothing613on Jul 25, 2011 10:16pm
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Post# 18871714
RE: RE: RE: Back to square one
RE: RE: RE: Back to square oneAnd...? BFD did the same thing in Sept.10. They published a news releasing saying it hit great grades, and a wide intercept.. Except they drilled parallel to the mineralization, but worded it in an oblique way.
It'd be like saying your mineralization was a sharpie marker, and you drilled it with a pen along its z-axis, and using that as your drill intercept. It was intentionally misleading.
And the stock ran up 300%. The next day BFD issued a restatement, shares tumbled 60%. But the IIROC didn't issue a reverse trade.
It's the inconsistency that bugs me.. There's so much pump n dump on the tsx-v these days. And so many newbs get burned, including me, when I first started trading 2 years ago.
And the IIROC is inconsistent on how it punishes these daytraders/boiler-rooms pump n dump outfits.
It irritates me that they get away with it.
see BER, INT, BFD, PPI, EZ, DRI, EC, MTB, etc... so many