OTCPK:ARNBF - Post by User
Post by
skeksison Aug 23, 2013 11:57am
572 Views
Post# 21692873
Bought some more.
Bought some more.Lowered my cost average to 85 cents.
When this many professional negative posters chime in, in my experience it is a good time to buy because a large player is about to make a move. I don't believe any individual stockholder has the time or patience to post this much garbage, nor do I believe these guys are shorts, because there is almost no short interest in this stock.
I wonder how many actual shareholders have sold at these prices. If so, why would you sell now, at these prices, when production has been stabilizing, netbacks are way up, and the first tranche of converts still doesn't mature till 2016.
Maybe people are assuming DM2 will be sold at a non-accretive price, but why would you make that assumption? If you were that generally pessimistic about hte company, you would have sold long ago.