RE:RE:RE:RE:Notice Lewis.jimrockford wrote: I thank one day-old Pumply for using my name - and give a shout out for his use of the big word, "troglodyte!"...It doesn't mean, though, that he's 'erudite' (Yep, it rhymes!) OK, heres why he's wrong:
- Pumply says, "the price keeps going down." Ah....No....The SP has been range-bound for a few months (take a look) due to a financing.
- Yes, there will be dilution with the financing - but in a producer, it means a lot less than it means in a pure exploration play.
- The added shares will be bought back when production jacks up...Count on it...
- Without a doubt, EQT had to raise financing in order to be able to do a huge non-dilutional institutional financing...Remember when I said a while back that EQT had done the rounds of Van, T.O., Boston & NYC?...IMHO, the institutions were all over these guys...
- Pumply says EQT is "dead money for an extended period of time." Well, as soon as the PP is done - and they have a mil already and are being oversubbed - the SP will go up...Like in - right away...
Pumply also talks of "years into the future with no discernable profit for shareholders."...Me, I'd say it will be at least a month or so...
I will be sure to mark down Pumply as a 5-cent hater - and bring it up for "years into the future."...But, that's only if he sticks around...
Jim
There is so much unsubstantiated and fabricated BS and half-truths in your cornucopia of hogwash there is no place to start to discribe it, much less end it.
You just flap your gums just to hear yourself talk thinking anyone gives a flying f**k what you say. Your credibility is toast......done!
You’re a two bit street walking penny stock who*e that will do anything and f**k anyone for a nickel.
There is a special place in hell for cretins like you!