Reconnaissance Energy (Africa) Ltd V.RECO

Africa Oil Week

[nowanzen]

Reco's Craig Steinke presents October 5th at 10:05

[pacer001]

Thanks now.  If he was to announce oil this would be the venue and time! 

[BebeRebozo]

Halt the stock for an entire day first, then announce, then leave halted for another day, while the stock gets bid up and up, and the shorts are watching their entire portfolios and houses disappear....lol

[Yo_Dog]

A friend, who has a lot of this stock and been in it for several years, mentioned yesterday he aniticipates news soon on the well. I mentioned it was a tight hole, to which he noted the last time he spoke with the company (4-6 wks ago) that was the impression they gave him. Hope he's right.  It's been a month since they reached TD. Would they still be at site doing testing?

[pacer001]

Bebe I think you are on the right track but I don't think days. I have had this happen to me a couple of times; notably with Dryships. It just kept going up and up when competing buyout offers were being made and the shorts were getting slaughtered as they feverously bought to cover. I thought my computer went bonkers as it ticked up by dollars.  The "market makers" had to

[pacer001]

Yes let us not forget much maligned Tribune Company bonds and General Growth Properties which was one of the biggest luxury shopping center developers in the early part of this century. They were selling for cents till one day buyers came along and got into a bidding war and they ticked up to dollars and then mega dollars! One investor in General Growth put a million in at pennies and sold for