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Re: Silversurfer1 post# 6052

Thursday, 03/15/2012 7:37:07 PM

Thursday, March 15, 2012 7:37:07 PM

Post# of 7280
Even with the Miller Fab aquisition and the drilling and well service startup, natural gas is still probably 80% or more of the company, and natural gas is in the crapper and will be for the forseable future. Also, this company does very poor due diligence before entering into contracts for outside money, as they recently have, and they usually 'give up the store' to get the money - more untold millions of shares of stock, probably priced at a nickel (or lower) a share. Dilution - dilution - dilution.
My 50k shares have an average cost of 0.075 and I have a sell order good 'till cancelled for .10. With a little luck it will bounce up there one more time.
This stock = with the low price of natural gas and the several quarters it will take before the recent acquisition and services statup show a profit to the bottom line = make this stock the poster child for "dead money."
Valley-view and a few others are in love with this stock and I wish them well. One thing they can look forward to: I sometimes exit a stock just before a big run up. It it happens this time I'll be upset with myself, but happy for them.
Good luck to everybody. Even after I sell I'll keep an eye on the stock, at least for a while.

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