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Rockdoc

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Rockdoc

Re: king oil post# 3764

Monday, 06/30/2008 3:31:23 PM

Monday, June 30, 2008 3:31:23 PM

Post# of 7653
That is the problem with this stock. Even if it doesn't turn out to be a scam. You can't say it will just go up with revenues. If they start reporting and become compliant, then investors will know the extent of the dilution. Both the stock and the percentage of the company sold for financing, it will probably look very ugly and create a significant drop in stock price. Buy on the rumor, sell on the news.

At a minimum, there will be a lot of free trading stock at that time that people will want to sell to take home some cash.
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