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dioblo

01/29/07 11:42 AM

#14504 RE: rxgator #14501

why vyey is moving because the news about palo duro well vyey is major player on that well edex only has 6%

kingman

01/29/07 12:42 PM

#14523 RE: rxgator #14501

They did a reverse split and have 4mil + shares . Edex has 173mil givr or take
At .50 VYEY has a market cap of 2mil + EDEX at .07 is near 12mil.We go up a penny and EDEX Cap goes up over 1mil ,VYEY goes up .10 and their market cap goes up 400K. If VYEY was still at 100mil + shares it too would probably ony be up a penny or so. Dont rule out the possibility of a reverse down the road for edex , you just never know.