GREY:ROAOF - Post by User
Comment by
Natacha14on Jun 14, 2005 4:20pm
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Post# 9159305
RE: UPS AND DOWNS
RE: UPS AND DOWNS
you asked in your first part '
" a 4,000 bblpd well and go down in value " I'll try to answer the best I can within my opinion .
that news release and/or that 4000bpd test got the smart money excited enough to lay out their dollars into a financing .
Now in the second part of your question you asked '
"and when we announce a 30% share dWill someone please tell me how we can announce dillution we rise in price?"
Quite simple in my opinion :
The stock was being held back because a financing was in the works . Now that they will be getting $65 Million BUCKS to move forward it adds on positive speculation . Therefor the stock will rise based on market psychology which in my opinion will turn bullish . That is when the big boys will take advantage of that fact to bring back down the pps to the financing price in my opinion .
What would they gain by doing that ? Alot of money because they play both sides (long and short)
Just my opinion !