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Bullboard - Stock Discussion Forum Petro One Energy Corp CUDBF

GREY:CUDBF - Post Discussion

Petro One Energy Corp > what happened today?
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Post by sf7777 on Oct 03, 2014 4:00pm

what happened today?

Does anyone know?
Comment by Money151 on Oct 03, 2014 4:01pm
a little shake shake is wat happened
Comment by EddieMoney on Oct 03, 2014 4:04pm
shake the tree and all those you didnt have a good grip fell out of the tree lol. oh well im buying more on monday it bound to double by tuesday once new hits :)
Comment by bababamboo on Oct 03, 2014 4:12pm
I think i will check for the  news at about 6.30pm today. If I were the korean, I would wire the fund in today for a nice spike on monday.
Comment by FatGuyInATrackSuit on Oct 03, 2014 4:49pm
This post has been removed in accordance with Community Policy
Comment by speculator on Oct 04, 2014 4:15am
My guess is that there is another delay. There is a very good reason for POP to trade over 3 million shares and drop 16 cents. This has nothing to do with bashers and people trying to get cheap stock, this is serious. If there is a second delay all credibikty of the Koreans will be gone.  If something is too good to be true, it probably is. To me this game is over or in serious trouble. Just ...more  
Comment by kha341 on Oct 04, 2014 10:01am
Another delay? Not necessarily. There is nothing tangible indicating another delay so why start the rumor? The question that should be asked is: Even with the completion of the PP, what would the intrinsic value of POP be? Don't forget the PP was at 25 cts. And a $6M PP at 25 cts will add 24M shares to the current 60M outstanding share count. And the warrants would add another 24M shares ...more  
Comment by kha341 on Oct 04, 2014 10:11am
Actually that would be an 80% dilution to the existing 60M o/s shares.
Comment by hedgefundguy01 on Oct 04, 2014 10:24am
This post has been removed in accordance with Community Policy
Comment by kha341 on Oct 04, 2014 10:48am
Nobody knows what will happen on Monday. It's possible that POP will go up. But if you have to compare apples to oranges then remember the following: 1) FCU just completed a $12.5M PP at  $1.50 per unit on Sept 23 2) How much was FCU share price at the close of Oct 3rd? 89 cts.  
Comment by hedgefundguy01 on Oct 04, 2014 11:03am
This post has been removed in accordance with Community Policy
Comment by birch1 on Oct 03, 2014 4:03pm
No Clue.  Was in a meeting from 12 to 3:15 and got a little excited about the opportunity.  I think this is just a head fake for someone to get cheap shares.  D Day is next week.  All signs to now look great.  Just, wasn't going to chance it today.
Comment by sf7777 on Oct 03, 2014 4:04pm
thanks birch, i picked up a few more today.... all or nothing i figure.
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