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Manitok Energy Inc MKRYF

Manitok Energy Inc is an oil and gas exploration and development company. The corporation is engaged in the exploration for, and the development, production, and acquisition of petroleum and natural gas reserves in western Canada. It mainly focuses on conventional oil and gas reservoirs in the Canadian foothills along with crude oil in Southeast Alberta. The majority of its revenue is derived from the petroleum and natural gas.


GREY:MKRYF - Post by User

Bullboard Posts
Comment by kanadakaon Feb 28, 2014 10:20am
159 Views
Post# 22263686

RE:RE:A wall....

RE:RE:A wall....
I will always believe that the markets can be / are manipulated by the people with power and money. In this case If I owned a larger oil company with deep pockets I would definately be open to manipulating other companies valuations if it suited my needs and it wouldnt take tens of millions to do it. The smaller the company the easier it is to do. If i own company A and company B is quite a bit smaller than me but im possibly interested in buying company B in the future I can easily hedge my bets by manipulating a stock price short and other tactics while company B does all the work drilling and proving resources. If company B is succesful I offer to buy it and a manipulated and undervalued price. If not I consider it a hedge and insurance against my smaller competitor. This can be done through third partys and if done properly will never be come to light. History has proved the manipulation of stocks buy the rich is a daily occurence.
Bullboard Posts