Post by
CrashSurvvivor on Sep 08, 2011 11:14am
CDO
Lots of criticism and cynicism of CDO - I certainly share a lot of it and think the the penny flipper Renee contributed a great deal to the destruction of the company by treating CDO as his own personal piggy bank, flipping millions of shares for pennies or even half cent profits.
BUT, if the rumours of the new investors turn out to be true, then it will turn around, and turn around significanlty. My info (and it is just that - no guarentees ...) is that these guys are patiently taking their time and happy to accumulate shares at these prices until they are ready to do their thing.
I also have my own theory that they are deliberately keeping the share price down so it doesn't start to run until Nov - by then some 14 million (out of a total of 25 million) .10 warrants expire . Those are cheap warrants in somebody else's hands, and they don't want those out there. My understnding is that the other 2014 warrants are in their hands.
Patience,
Crash
Comment by
islandjon on Sep 12, 2011 12:46pm
Maybe Rene should have put more effort into driling on the properties instead of on Ms. Gieselman.
Comment by
trader4ever on Sep 14, 2011 2:44pm
PS: I also just hope for those .10 and than I will dumnp my millions of shares. And I guess I am not the only former friend of Rene Bernard who will do so.