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IamtheWalrus

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IamtheWalrus

Re: Vianna post# 4300

Thursday, 07/03/2008 4:45:32 PM

Thursday, July 03, 2008 4:45:32 PM

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The huge sell off was due to their 8K filing...they are in debt of around 7K+, but this is an exploration/acquisition company. They are always going to be in debt until they start producing revenue. Keep an eye on how diluted they are in the future, and that means near future. Alot of these companies, when there is a huge retail unload like there was, it could go lower. Keep a close eye on your CMF, MFI, and ACC/DIST...if they don't match up, get out. You appear to already be in a profit area from last Friday, so IMO, I would take some off the top.


goo goo g'joob
Pincher Plays

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