Home > Boards > US OTC > Delisted > Prospect Global Resources Inc. (fka PGRX)

At this point, who knows. If

Public Reply | Private Reply | Keep | Last ReadPost New MsgNext 10 | Previous | Next
Sryinex Member Profile
 
Followed By 0
Posts 198
Boards Moderated 0
Alias Born 04/04/13
160x600 placeholder
Sryinex   Tuesday, 02/25/14 07:48:15 PM
Re: Pike post# 3995
Post # of 4034 
At this point, who knows. If it were me in your position, I would hope for a quick pump and carefully keep your eye on it intra-day to see when buying pressure starts to slow and sell off.

But if you believe that somehow it's going to become profitable for current shareholders even with the impending 20 to 1 R/S, then keep holding.

Also something to mention, this filing confirms that the majority holders(Scott Reiman & affiliates) are still looking to find someone to buy out their positions and they did NOT participate in the 1M equity raise we just had, it was all of the other funds and holders, likely just to average down their positions. This doesn't bode well for me, but others may have a different take of it.

I think the question on everyones' mind is, where is Sichuan in all of this?

Public Reply | Private Reply | Keep | Last ReadPost New MsgNext 10 | Previous | Next
Follow Board Follow Board Keyboard Shortcuts Report TOS Violation
X
Current Price
Change
Volume
Detailed Quote - Discussion Board
Intraday Chart
+/- to Watchlist