RE:RE:RE:RE:RE:RE:Private Placement SellerWell, the only way that could've happened is what I said awhile back, that MENA news released ahead of 0.06 paper free trading would be preferred. MENA news could be tied to parameters that we have no control over, such as dealing with a state oil company and the related bureaucratic timelines.
Regardless, lets hope this seller is just taking profit and is unrelated to material events.
In the meantime, the seller will sell until they are done. Positive indicator would be if we have sufficient buyers to soak up the volume. Hope green days are around the corner. GLTA!
thorgb1 wrote: Tactical316 wrote: What management NEEDS to do is issue a PR and demand the share price be at 50 cents by the end of the month. THEY NEED to stop all this selling. I might as well be buying cooper pennies.
How do you "demand" a share price be 4X what it is currently? If it was that easy, why wouldn't every listed stock simply demand their share price improve?
Until this seller is gone we are stuck, plain and simple. The company just needs to keep doing its thing, pump oil, get another well online, keep working MENA, and update us accordingly. Don't panic until you see insiders selling. GLTA.