GREY:ENGFF - Post by User
Comment by
BlindBoyon Sep 14, 2005 8:59am
150 Views
Post# 9550732
RE: Manipulation
RE: ManipulationSure there's price manipulation.
Same as there is on 100% of the juniors when they're in play.
ENG is doing a darn good job of it, too: scare the bejeezuz out of the small shareholders, (not a whole lot of them left, I would guess), and utterly befuddle the would-be shorters and flippers (eh Dave?).
Doesn't mean they aren't doing a good job at building a company though. When's the last time you saw a company run from 9 cents to 3.50+ with virtually no share dilution?
At the same time, they've picked up participations in a number of potentially company-making leases.
Prospective? Of course. Nobody ever claimed playing the junior markets came with a guarantee.
On the other hand, many of ENG's management & advisory personnel have delivered the real mccoy in their past corporate histories; i.e. proven track records.