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Canamax Energy Ltd DTEYF



GREY:DTEYF - Post by User

Post by rakethis1on Jan 21, 2014 4:52pm
445 Views
Post# 22117646

i like the team too

i like the team too
but...
1)lots of cheap stock is going to be free trading shortly,
2)there are way too many shares outstanding,
3)most of the stockholders have no interest in the current management and will just be bailing out at the first opportunity,
4)the stock was a nickel not that long ago - so lots of traders own cheap stock and
5)there will be a big rollback coming which is almost universally bad for stock prices.

its going down for a while before the story starts getting traction. I wouldnt be surprised to see 10 cents before it recovers.

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