Okay, here's one of those "It can't happen here scenarios." Now don't shout me down till you read it all, okay?
Does everyone in North America want to see this kind of venture succeed? Of course not. Big oil, big gas and a few others don't. So here's my far-fetched plot: GESI looks like a real winner in the works, but I'm big oil, and I don't like what I see. So what can I do? I can pull a Soros (sort of) and get me a few hired guns to short the thing. I've got a few million laying around, so I pay these hacks (under the table, of course) to work to lower it's worth. Illegal, for certain, but the legal process is hopelessly slow. And sure, the SEC could police the matter, but they don't have the people on hand to do it, and this company is a small fry anyway. Besides, I'm big oil or a big banker and I pretty much own the SEC, just as I do congress. Money talks, you know. Only a squeeze somewhere down the line can stop me if I do this right.
No way, Jose, you say? Hey, not likely, I admit. Yeah, I know what shorting advocates always claim. Short selling keeps the market honest. Phooey. It bludgeons genuine upstarts like GESI all the time, and does it in the name of free enterprise. Remember, we're still a pink penny and no match for the o&g monstrosities. I still think the Brits and Aussies had it right when they flat out banned shorting altogether years ago. They know what it can do to stability and real progress.
Can't happen? From .058 to .027? Some were sure .04 was the support line. Then the bar was lowered to .03, and we're back in the .02's now. Is that the end of it? Look, I'm still positive in the long run, but not if someone with a sound diabolical plot can do us in in the short run. We want more new blood to invest here, but the chart over the past week is an obvious yellow flag to many.
Okay, I'm done now. Go ahead and shoot.
Loyalhound
P.S. - - - Don't mean to be completely negative, because I'd buy more myself right now, except I'm maxxed out. I just get to where I take nothing for granted anymore.
