RE: SmartchickSmartchick
I have seen you posting on the ETG threads, and have always enjoyed your comments. But I think that you are wrong to pull out of this deal as there is some big money rolling in as we speak. Obviously there was a big block overhanging the market, so the buyser will back off as much as they can so to obtain some cheap paper. I was trying to get in on friday and there were 10,000 bids being plunked down above me everytine I placed the leading bid.
I have some very, very good conservative sources that are deeply involved in the O&G sector and they are mumbling about this comapny....low donside, with tremendous upside. These are the same sources that told me about Niko at $6.00 and FCP at $2.00..
Anyhow - don't give up too early. Big block movements are often a sign that the worst is over!
Cheers
JANDD