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Longford Energy Inc V.LFD



TSXV:LFD - Post by User

Post by SchiffKnowsBeston Jan 18, 2012 9:32pm
493 Views
Post# 19419955

Metal Detector

Metal Detector

Cripes, reading through this board is like out with a metal detector looking for gold.  I am still trying to figure all this out, although I found the post by kdcalgary interesting:

 

Crazy thought...with this massive volume, I could see hedge funds buying 0.23 shares for 0.15. They can accumulate up to 9.9%, get a couple together and then force the board to liquidate the company and collect a 45% profit. If they get enough votes to change out the board, this is a possibility. Soros is already there at 10% and I have to think they would want to cash out rather then let these team start up another venture that is forced on shareholders rather than choosen.

 

I still think we see a rather interesting lead into the weekend.  To me, and I am no expert, it looks like groups are working together to move this down, accrue, and then move it back up.  Just my humble opinion.

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