RE:RE:RE:PIPE still buying back shares even at these levelsnavajojoe wrote: RuudinFrance wrote:
What a waste of money. Buy back 10 million shares at >$5, just before issuing another 90 million shares at $ 0.85
How far will SP drop when these 90million cheapies come on sale?
Maybe time to taper down a bit.
Selling doesn't sound so bad anymore.
I needed to take you off ignore so that I could counter this stupid statement of yours.
That financing was unfortnate, with 20/20 hindsight, but at the time every oil/gas producer was having a tough time. And that money was put to good use, accelerating our production growth. So without that money, we wouldn't have the production or the cash flow we now have, nor would we be on the way to being debt free.
And for those who might be fooled by your lies, those shares will not be sold on the open market, for 2 reasons. First, they are held by institutional investors who more than likely are here for the long term, probably a buyout of the company. Second, if they did want to sell, they would do large transfers to another institution, like when Nuttall bought his position.
So there is no worry about that financing weighing on the share price.
Go peddle your lies somewhere else.
"Playing with Righand"-time again. It's fun.
Your disregard for the intelligence of your fellow investors shows in heaps again.
When my remarks are so utterly stupid, is there really any need to counter them?
You must feel the need as in your mind, most likely, none of your fellow investors are clever enough to come to the same conclusion as you.
Same old, same old, Righand. LOL.
Short memory as well, what?. Forgotten my comments concerning "robber barons" and their ilk.
So the financing was "unfortunate" with your 20/20 hindsight. Man you're funny.
Please put me on ignore again.
Got my garden to look after, it's springtime.
Get out of your basement and go smell a few flowers.
Have fun.