Regent Pacific Properties Inc V.RPP

I'm always suspicious when...

[MartyP]

There's a single order on the board for a huge amount; such as, the 1.2 million share bid at 11¢. It could be that the stock is being manipulated by insiders. This doesn't mean that there won't be a run up but I would be very cautious with this one. If the news is truly good, and word has leaked out, the bids would be mounting a lot more than they are, IMO. Sometimes huge bids are put on the board to hype the NR and give the impression that it's a lot better than it really is. I'm not saying that this is the case here, but it's a possibility. The 1.2 mil share bid could very well be pulled if the stock begins to pull back a bit. If that happens then it was likely someone was trying to bid it up so they can sell out at a higher price. It was already taken off the board once and then put back on. Time will tell. All the Best Marty P

[stephen o]

When a stock is halted pending news, you can't enter new orders. After the news is out there will be a time period when orders can be entered. My guess is a buyout, looking at 35c.

[recon]

That's the way I read it too Stephen, This stock has some major players, the float is way to big to be manipulated, I guess I don't understand the previous poster's logic. Conspiracy theories really don't happen in real life. My bet is the news leaked, insiders pounded in becasue they can pick up an easy triple.

[MartyP]

Who are you suspecting will buy them out and what are you basing your .35 target on? Thanks Marty P P.S. The 1.2 mil was placed before the halt and, oddly enough, I'm still showing changes in md on Stockwatch. The bid was up to .145 but is now back down to 175k... nope, it just changed again... make that 180k by 146k at .125. In any case, with the 1.2 mil at .11 if anyone is

[MartyP]

I've never known a stock to have too big of a float (or too little of one) to be manipulated. In fact, I believe that the more shares there are... the easier it is to manipulate. All the Best Marty P

[stephen o]

If Repap is valued at same multiples that Champion was when it was taken out, 35c is not out of line. Repap is cheapest LWC producer in North America.

[MartyP]

by tomorrow, according to Michelle Cormier. She wouldn't give me any information about the news to come, however, when asked if repap has considered a roll back in the recent months/years, she told me that a rollback has been considered but the company did not feel it would be in the shareholders best interest. And when asked if the company is still of the same opinion, she replied, "