GREY:ESOFD - Post by User
Post by
LFGon Mar 12, 2013 9:09am
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Post# 21115002
great discovery
great discovery but market conditions are horrific,amw and fis will continue to drill and spend money,but will shareholders be able to make money going forward?thats the million dollar question,in the past new discoveries had huge capitol come in the markets,now going forward,we get a bump up in sp,and the sellers find a way to sell,and not hang on,and sp starts a way down,it looks like you hit and run for the exits while your still up,and longs take it on the chin.one day this will change,and then the short players could go long,and find the sp go north for longer periods of time,and the dilution will be tighter.waiting for another trade on this beauty,hoping for some $2.25s and $2.50s.jmho.