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notanindex

07/24/06 3:06 PM

#5925 RE: Been_Burned_Before #5923

I am on your side, but the arbitrage that you speak of from that screen is the arbitrage profit if one was to invest given the current price and the potential buyout not Lyamec's profit.
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best2listen

07/24/06 3:17 PM

#5927 RE: Been_Burned_Before #5923

BBB you post:

"...strange to me that Bloomberg would go and put out any false or misleading information."

Someone once said "never attribute to malice that which can be adequately explained by stupidity"

You must admit that the $2.25 offer/$2.25 offering PRs were confusing. Maybe someone at Bloomberg was confused. Maybe Lyamec is taking the offer that Grifco is offering. Maybe Grifco is offering Global Oil Tools Libya to a third party.

IMO the PR's are full of sound and furry, hinting that something is going on but signifying nothing concrete.

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10 bagger

07/24/06 3:37 PM

#5935 RE: Been_Burned_Before #5923

BBB..

I can see where you get your answer,, but when another site listed GFCI as having over 100,000,000 shares outstanding all thought it was a mistake.. Just for your info.. insiders or control group may not effect ARB's or short arainst the box on restricted shares.. In fact i don't know a brokerage firm that will take and order from control unless proper 144 sale papers are filled or 13D fillings are posted with intent.. But then this is GFCI and If you think it's an ARB.. who am I to discourage you and other bulls.. One thing that i have to hand it to the GFCI bulls.. You still have not wavered as one by one another long is slaughtered and signs off with I sold..