Thursday, April 20, 2006 5:58:34 PM
SHORTS THAT
That's all we hear. Why can't it be the fact that people who bought the stock are selling because there is a falling stock price. More sellers, people who are tired of seeing an endless downtrend on this stock, no matter what the news, no matter how Grifco spins it. Shorts shorts shorts. Geezuzmaryandjoseph. This company hasn't proven anything, at all, yet. A bunch of delays, and garbled poorly written PR's about Libya and other hard to determine places that may or may not be developing in the real world into business for this company.
If I were someone thinking of buying a meaningful position in this company (like Lyamec supposedly did) I would take one look at the shitty website, one look at the phones tree that don't work, or don't get answered all the time, and I would laugh.
Yet the stock price goes down because of "shorts".
Realism is a tough thing people, but the truth is there's not any reason to buy this stock, and when there's no reason to buy, a company's stock goes down.
Very disturbing in the face of $74 oil.
Give people a reason to buy, besides some supposed record date which really doesn't matter at all, and the price will go up. "GRifco comments on the trade show" don't cut it.
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