Matrixx Resource Holdings Inc (BB: MXXR)
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By: stockpirate-here
16 Dec 2006, 08:32 AM EST
Msg. 8856 of 8857
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Well I am glad I wasn't buying back in yet, as I stated when the selling was heavy, it was MHO that the company was selling into the PR's and it would not move up until they stopped.
Well they haven't, and it doesn't bode well for the Well they claimed they have recently drilled.
My guess is if it were true or positive they would not have sold so many shares into the PR's, but sold a little as it went up.
But they couldn't even let it get to 2 cents before they hammered it.
I do not expect any news from them this week or even by the end of the year, but my guess is from Friday's selling that they haven't finished selling yet.
My guess is this drilling was nothing more than the PR saying they were going to start drilling in ttwo weeks and then we haeard nothing from them for a month, but there was heavy selling into the phony PR.
Management here has ZERO credibility and are basically dishonest, IMHO, thi sgoes o all of them.
Of course they return no one's calls or answer any emails.
I think someone at the company contacted me a week or so ago pretending to be an investor and letting me know that PR's were on the way, since asking him if he worked for the company he stated no, but I pretty much haven't heard back from this person since.
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AI
