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OffshoreOil

07/14/09 10:11 AM

#30297 RE: lookoverthere0 #30280

my concern is that the purchases are not being made with profits from the wells. they are being made by diluting the heck out of the stock. in reality if their revenue was a billion dollars but their cost is a billion and 1 dollars they are losing money. IMO there needs to be a concerted effort to pressure managment by all legal means and pressure to motivate them to reveal their books. as painfull as it would be for the short term it may require a no bid on their stock they are trying to dump on the market. again in my opinion. no offense to any and all.