InvestorsHub Logo
Followers 0
Posts 32
Boards Moderated 0
Alias Born 04/06/2010

Re: bfavre40 post# 38365

Wednesday, 06/13/2012 10:03:40 PM

Wednesday, June 13, 2012 10:03:40 PM

Post# of 132363
Probably because production is so new they don't want to estimate it. What's the point? Todd has already gone on record at the shareholder meeting that this is a DTC chilled stock, meaning it's going to be hard to trade it and move the PPS in the open market. We're seeing this with the 160 shares buy/sells that are dropping PPS by 30%. This is just my guess, but given what he's said and his bold move buying his own shares in the open market, he's not interested in pumping the stock up with PR, he's interested in getting oil out of the ground. Once that really gets going, the stock (and the DTC chill) will take care of itself.