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I have been in and out of this

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rdwild   Wednesday, 12/09/09 12:25:22 PM
Re: Grinner1 post# 392
Post # of 442 
I have been in and out of this stock twice now and lost big both gos. Lost track of what has happened here but it looks as though nothing has!

Peeps own it but I wonder why. Sometime ago I remember someone going on and on about how the head guys were the best at what they did, growing energy companies right, and that the particular parcel of land to develope was extremely ripe for exploration.


Now the stock languishes between 18 and 20, 18 and 20, 18 and 20...with no news or what

is there dilution here or a forward split or is this thing going to die because of lack o' interest?

GMFC - Green is My Favorite Color
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I don't think there is dilution here. I think this would be trading quite a bit more than it is if there was a bigger float and there for dilution. I think it is just a little bit early in the time line. If the people that ran this were issuing a lot of stock you would see more selling and the price dropping considering there is not much in the way of interest at the moment. I believe based on what I think is a time line of next year for this stock to start to move I will be adding a much larger position during the late summer next year (maybe sooner if things start to pick up).

Rod


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