GREY:STPJF - Post by User
Comment by
nikeherculeson Mar 05, 2014 10:12am
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Post# 22282555
RE:RE:RE:RE:Some rough analysis
RE:RE:RE:RE:Some rough analysisPoorgrammar:
I don't expect any movement until mid April. As the release said, they will run the wells for a couple of months, then make the best decision given the options they currently have on the table.
Zanadu - you correctly read lute's barely hidden fear in the november con call. How was he this time round? If he's calm, there are probably options (unless he's a good poker player).
As for 30 cents, i don't expect that until after the strategic annoucement. Any insider buys will probably be quickly filled by the many iceburgs above 0.185. The insiders on the last run up moved the SP on low volume. If 6 milion shares can't get it to move 4 cents a couple plant guys with their waterhouse account won't budge a thing. Recall the last 6 million share buy day raised the SP from .40 to .58 in hours. That was sageview.
I don't expect lutes will want to take sageviews's growth capital and it's assciated strings. Note that IG investments has sold off but sageview remains as a 10% holder.