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Re: LookingForTheBBD post# 9753

Monday, 05/09/2011 2:30:23 PM

Monday, May 09, 2011 2:30:23 PM

Post# of 13650
Pickens Plan was killed by Obama's energy plan. This is in reference to past events taking place on a time-line from 2009-2010. Even Cramer of Mad Money fame has referenced this fact. As I said, Obama is backpedaling as all politicians do. The Pickens Plan is still just that; a plan with no forward movement. I hope it does succeed, then we all succeed. So far, it isn’t the case.

I made my comment based upon than three years of following this stock, reading posts and very optimistic posts about impending news whereas investors get happy and sink more money they can’t afford to lose. In the end, no news.

The stock sinks, people get pissed and sell, the stock sinks even more. And here we are today well under the .002-.003 mark we were hovering within during the late summer and early fall prior to the disappointing frac news. This is what I am referring to; these are the events that lead me to say, and I still believe, no news is coming. I just want to know upon what facts you base your claim. You clarified that you made the statement based on gut feeling. So, that was easy. Next argument please.