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great king rat

01/14/11 3:08 PM

#31460 RE: trimeal #31459

I agree one thing you can always count on is people dumping what they dont understand I can only asume that the merger candidate would rather see the price go up not down hence buy back would be the better choice and people are just playing into their hands jmo glty
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pennyandy

01/14/11 3:09 PM

#31461 RE: trimeal #31459

It's a paradox, the more the pps goes down, the more shares they will need to complete the merger. They have been pumping this to get the price up to complete the merger, it didn't get to where the gold company needed it, so now they need more shares. Same scenario as Textraw.
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paperboy22

01/14/11 3:12 PM

#31463 RE: trimeal #31459

We know someone has been buying large blocks of shares at 3 for a week now.

The 4s havn't been hit very hard considering the potential.

Maybe 3 is the price mark and we are looking at a buyback going on.
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*MARINE 1*

01/14/11 3:23 PM

#31468 RE: trimeal #31459

yep
only one small problem with that

The promoters have money on the line and if minammo paid the promoters (probably 50k as usual) and dumped at the same time.....it's bad for business and the promoters can't sell out meaning they'll be fighting the diluted shares too. Minamoo couldn't care any less about shareholders but they wont cross promoters imo

Great situation here imo