InvestorsHub Logo
Followers 84
Posts 3498
Boards Moderated 0
Alias Born 01/01/2001

Re: Moe Money post# 5147

Wednesday, 07/19/2006 7:29:27 PM

Wednesday, July 19, 2006 7:29:27 PM

Post# of 28061
Moe Money, well since you were just born on this board today I wonder what your real mission is but I will take one shot at your concern and accusation.

In this situation EDEX was a very minor player with a 5% stake and I'm willing to bet that it is the only Public Company involved so we have many other players in it on a private basis. Now I can imagine that those folks also saw owning some EDEX stock along the way might have improved their potential when the well came in. Unfortunately by chance the well stumbled and they likely knew of the results as they watched their $$ at work and do have the right to manage their portfolios and therefore possibly sold today.

It appears to me that Tom/EDEX played everything very close to the vest, he says he wasn't a seller either...so not much of a case to make IMHO.

I don't like retreating in value even for a little time but August is close I had wished to be able to own more for the future so I might see a chance in the coming days.

zagdad

Join the InvestorsHub Community

Register for free to join our community of investors and share your ideas. You will also get access to streaming quotes, interactive charts, trades, portfolio, live options flow and more tools.