Replies to post #35426 on Hemi Energy Group Inc. (fka HMGP)

[zguy]

mtrewulf, $131.68 now and so far the .10s are going away and bids are rising. So, looks like that extra $1.68 might have done the trick for ya :) LOL

[gtv]

The lack of transparency is the problem you're trying to identify.

Investors and gamblers here don't know how much oil they are pumping so how can the price of oil be compared to the profits of Hemi?

You need to first know how much oil they are pumping and how much revenue is coming in before you can correctly value the stock.

Until then, speculation is what drives the price.