Tuesday, September 06, 2011 7:59:07 AM
Kimble,
I have to admit, if there is share manipulation going on, that does concern me, of course. In my case, it was clear that I have to wait one full year before the holding company will be authorized to unlock my shares for transfer into my E*Turd account. Were previous deals for 6 months?
If it is people selling out shares to make a profit, I can't say that I blame them. I'm a long term investor in most of my holdings. But for the guys out to make the most profit, they will take money off the table when the time is right -- which was after OOIL made the jump to the big boards. My guess is that given the company is now accelerating in their development at Tarong (and this one deal alone will be huge. The million they got is peanuts compared to what it will be at scale) that the Private Placement investors, even those out to turn a quick buck might hold off. But if they take profits, more power to them! I hope we can all get rich off this!!
I have to admit, if there is share manipulation going on, that does concern me, of course. In my case, it was clear that I have to wait one full year before the holding company will be authorized to unlock my shares for transfer into my E*Turd account. Were previous deals for 6 months?
If it is people selling out shares to make a profit, I can't say that I blame them. I'm a long term investor in most of my holdings. But for the guys out to make the most profit, they will take money off the table when the time is right -- which was after OOIL made the jump to the big boards. My guess is that given the company is now accelerating in their development at Tarong (and this one deal alone will be huge. The million they got is peanuts compared to what it will be at scale) that the Private Placement investors, even those out to turn a quick buck might hold off. But if they take profits, more power to them! I hope we can all get rich off this!!
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