Post by
Fragman on Jul 04, 2009 11:25am
hello to any living shareholders
Own a penny moly stock named Virgin. GC Capital bought a whack of shares last month. Thought I would do some investigating of GC. Any help would be appreciated.
I note that the stock was at a high of 97 cents and now rests around 50 cents. That is not a bad recovery for a financial firm. They don't have a lot of money to lend out and feel sure they will have a difficult time raising same. Their fortunes will be made in picking the winners in this sad market and loading up on those same shares as part of their compensation package.
Nobody will get rich owning these shares unless the above happens. Disclosure is a big thing for financial firms. they state they have a break up of 98 cents. Would seem the shares should be a screaming buy. Hmmm.