One Other PointThe Pumpers will tell you that they have done their research, their DD as they call it, and that of all the stocks out there this is the one with the best potential.
While it is true that they have done their research, the potential they see has little to do with the company itself or it's mgmt or projects. What they look for is a stock that has dropped substantially. This indicates to them that there is a base of shareholders that are holding stock that is way under water. They hope that they can convince this group that the price is about to head higher. They know that there are shareholders who are desperate for any good news that might send the stock higher. They, the PUMPERS, prey on this feeling and hope that the existing shareholder is willing to "average down".
If you find yourself in this position just be careful and make sure you sell your newly aquired shares before the PUMPERS exit their positions. I know, they say the stock is going MUCH higher, but just be careful.
Again, all of this is just my opinion. You should do your own research to see if you agree or disagree with my point of view.
One last point. My posts are not a comment on the company itself, the mgmt or any of their projects. I am simply bringing attention to the patterns of a certain few who have posted here recently.
Chip