Northamerican Energy (NNYR)

[AAsuited]

No one cares about the news because people know Reverse splits just plain suck!

Can anyone answer if the guy has started diluting yet? Guy wants to build a company.................but yet wants us "little guys" to chuck our hard earned dollars in the toilet while he dilutes. Why can't he just get a loan and not dilute? If a bank won't fork over the cash, then the only other options are dilution or loan sharks (Chinese investors back in March?) Lots of PR's acquiring this and that, but no action in the share price.........just dilution after PR's. His MO!

I'll bet Johnny or Stockguru (stockpumper site) is cashing out after the latest PR. The bid keeps getting whacked at .20 or .21 cents. Stockguru is as useful as that teen pumper Johnathan Lebed LLC.

I did not lose much here. It just sucks that Johnny pulled this load of bull and wham!..............reverse split! Part of the pinky game........need to know when to fold em. GLTA----- but I am watching this from a distance!