Reconnaissance Energy (Africa) Ltd V.RECO

Viceroy short report

[Matteo1234]

I read the Viceroy short report and have investigated the author. The concerning thing for me is that the author has a good track record in shorting companies. Also the point he makes that Reco pays for positive reports like Haywood where they issue shares. The other thing is the delusional euphoric circle jerk amongst the newbies. Don't get me wrong. I'm long but remain cautious. Pretty sure I'll get attacked for this viewpoint. Who's first ? Stayhard

[DJLondon]

Hi Matteo, so this isn't an attack, but a gentlemanly conversation. I think the paid stuff with Haywood is par for the course. When you are a newish stock on the TSX Venture with no track record you are unlikely to get much, if any, analyst coverage. So the paid route is pretty much your only option early on. Once Recon is further down the track the analyst coverage will take care of itself

[Yo_Dog]

The Canadian market is full of paid reports. It's promotion and part of the game.  I suspect the Viceroy group spotted the volume and price increase on the stock when it jumped some months back. Generally, junior resource stocks over shoot then come back down from the initial eupohoria when reality sets in and the discovery isn't as big as the inital hype wanted it to me. So if you

[Ebenizer3]

don't be surprised if there's a halt....I figure it's a 50/50 chance since the US markets are on holiday.

[Dumpinvestor]

Halt for what?