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Sunday, June 09, 2013 8:40:10 PM
They could and did satisfy private investors (in individual leases) better, than they could meet the hyperbolic expectations of public investment at that time. I doubt CEO Sanford expected dozens of (IHUB) calls per day, and I also doubt he understood how easily a penny stock could be manipulated by individuals that knew how.
That happened to a lot of the penny stock oil companies in those days. Not many from that era still around.
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