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oilman007

07/06/06 3:24 PM

#1494 RE: bayfisherii #1492

"That one is easy.

OBO-1 and recurring doubt as to what is in the JDZ coupled with negative publicity from the search warrant.

But in my opiniom more of the downturn has t do with Chevron tightholing information than with any other reason that has been brought before this board."

- And I disagree. I do not think it is coincidence that the price dropped at the time of the search warrant. You at least acknowledge that it has something to do with it, whereas other posters ignore the possibility altogether.

Of the things you mentioned, only one thing changed at the time the price went down, and that is the investigation. That is evidence of effect. And I believe the search warrant negatively effected the share price, I have stated such, I have stated that it is now factored into the share price (and why I think it could easily double provided no illegal activity occurred). To refute this is absurd in my mind and is like sticking your head in the sand. Of course, that is your choice.