InvestorsHub Logo

TraderRich

05/20/08 1:19 PM

#11660 RE: Tarheel-Blue #11659

Thanks for sharing. Doesn't surprise me. Unfortunately, it never does.

STOCKBULLY

05/20/08 1:21 PM

#11661 RE: Tarheel-Blue #11659

lol...come on...a $4500 short position...lol

RickInv

05/20/08 1:21 PM

#11662 RE: Tarheel-Blue #11659

Folks just have to look at the big picture here. This is a company in development and exploration stages, and from today's PR, and other recent ones, it seems they are on the verge of acquiring some leases, on properties with very large reserves. Now, the company may be selling some shares - this can easily be checked in the iBox (and yes, I did update with an increase in the O/S and Float today), but with this one property announced today, ask yourself what the potential share price could be. Even with a substantially raised share count, surely, the stock could come to be worth many, many times what it has been trading at recently.