This is a long post:
Colormixer, does this mean we`re talking again?
As to GAX, fundamentally a good Company, just ran out of money, things changing in October once the $50 million land sale goes through from Exxel and no doubt GAX will double maybe even treble later this year into next if not more and Daddy Bruner, who if anybody knows the Bruners, is one hell of a guy, is taking a more responsible role in the Company, rather than leaving his Son, nothing against him, but his first time at running a Company and now the Bruners will not let Gax disappear due to his reputation. There are strong links between all the Bruner companies, i.e. Falcon, Exxel and the others and with the $50 million land sale, they clear their debts, have monies for the heavier de-watering, hence the gas comes to the surface, hey presto.
I hold my stocks long term, have you not seen TKO do exactly the same thing, drop from almost $6`s down to almost mid $1`s, that`s a bigger drop than Gax has had, but the fundamentals are still there on both companies and I expect to make substantial amounts of money on both companies.
As to saying it won`t drop below the $1, that was correct at the time as was being stacked up by Daddy Bruners friends, this went on for weeks, dipped below the $1, but would always close bang on the dollar or just over, they too decided not to stack it up anymore and with GAX not having the monies to take the company forward, the stock fell, nothing else, but it will return, the fundamentals are there and with the land sale, they will be almost $30 million cash rich, you can do a lot with that sort of money and I am sure they will.
My problem is I get very excited about my stocks and that shows in my posts. Please advise one thing that I have said that hasn`t come to fruition?
If you check one of my posts on the IV board from late July, called a Bedtime Story, all very cryptic, but make it out and you`ll see what I am on about all bar the RCN stuff, who subsequently walked away from the table and now getting bought out.
I hope this helps, I bear no grudges and news can be out sometimes for stuff out of everyones` control.
I hope this helps, but very much doubt it, you need to read all posts before commenting on things such as the sub dollar thing with GAX and other stuff I have posted.
You have a good weekend, but one thing that concerns me is you state you have many more shares than me, which I am not going to bicker about, but others know of my holdings, if you have such a large position, how come you don`t have a broker and if you do, you need to change, because I can`t believe for the life of me, that you do not get fed the same info I do if your chap is any good and if you don`t have a broker, I can`t believe you would have a large position just on your own info, depending on what you are calling a large position.
It appears we agree to disagree, that I don`t care too much about, I have my plans for my investments and nothing nor no one is going to get in the way of my goal, I know what I know and you too, I am hoping mine is correct, but it takes a hell of a lot of time for all the DD, investigations, crikey this week alone we have seen two or three reports re TKO that haven`t even appeared as PR`s for TKO, what do the IR forms get paid for, surely they are there to give the stockholders as much info as possible, obviously they are are not too interested in these small PR`s, only the big ones and when they get the nod from Ron to let the release go, that is no way to run a PR company, they are paid to do PR and on many of my other stocks, news about the company, good and bad is always posted, PRs from TKO take ages even after the event has been settled.
Anyway, I`m letting off steam again, but the issue of the PR firm needs to be addressed, if it`s in the public forum, it should be listed and there have been some good external PR`s re TKO, including having been talking to TKO staff and they don`t appear anywhere on the TKO site nor on Yahoo, so I thank TJH and Sirius and others for their digging about, they should get royalties from the IR Company!!
That`s it, I`m done!!
Christine x
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