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Bullboard - Stock Discussion Forum Invicta Energy Corp V.VCA

TSXV:VCA - Post Discussion

Invicta Energy Corp > great story but.......
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Post by trade99 on Nov 08, 2011 11:20am

great story but.......

VCA has a great story but I am scared of the 11 million warrants exercisable at 14 cents. I have bought stock below 14 cents but I am reluctant to buy at higher prices. Any thoughts????
Comment by Moneyday0 on Nov 08, 2011 2:04pm
Not worried at all.  Why would would they sell their $.14 warrants at $.14 when they are due after May 2012.   Too much potential for wells to come online uping production barrels.Unless someone really really needs the cash, suspect these will sit in the bank until end of April 2012 at minimum.Looks like it wants to take off but a lot of cheap shares were purchased over ...more  
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