GREY:SOGAF - Post by User
Post by
frankythetankon Oct 31, 2012 2:49pm
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Post# 20546143
some financing needed and liquidity needed
some financing needed and liquidity needed To me there are two reasons for the big sell off. First they need to finance the horizontial drilling in first quarter next year. Second they needed to get some volume to the stock so that the new buyers have some stock to buy. Look at all the sellers now. Yesterday there wasn't one seller under a dollar now there is well over 100,000 shares to be bought under a dollar. I for one hope that we can be updated a little more by SKO on how they've done with the two issues i mentioned and then the third issue of a bottleneck in production. Still the stock is ridiculously cheap and there is no reason for such a cheap evaluation.
Tank