CGX Energy Inc V.OYL

Re share price

[taal]

Let's see ..Shareholders holding millions of shares that are tired of this play...Well if someone is holding millions of shares you must assume they are long term shareholders who are More than likely Not in the money...After holding on for years and now Cgx being on the 1Yard line ...they are going to throw in the towel....Hardly think so...If your selling that many shares even 50,000 to 100,000 daily volume would put a lot of downward pressure on the shareprice ...yet they have managed to keep the shareprice in this tight trading range for over 3 months...Looks more like wash trading to me....Most longterm shareholders are frustrated to say the least...but are not going to give thier shares away at these prices...

[Zibo510]

Well you asked for anybody's thoughts as to the trading. The scenario I suggested was as I stated a guess as to what might be going on nothing more.  I hope this works out well for shareholders.  After following this saga since back when Sully was the CEO and Simon was the message board guru, it would be nice to see a positive outcome. 

[ljmorin]

I suspect many of the old stock investors like myself are mostly out. I took 2/3s out at the run up to 4 and change a couple years ago. My average was and is about what the SP is now.  I let it ride for the last drill. Seemed very promising still could be. Now here I am at my average with the rest.  I sleep OK at night. Hoping for a a little run up and the rest is gone and so am I. 

[a2bman]

WTF stock hasnt been 4 and change since 2012.