InvestorsHub Logo

JPK1

05/12/11 1:00 AM

#26382 RE: sssneo #26379

Chade touched on the notion that the float is very low in a prior post, per the registration of shares for possible liquidation by CGAQ's CEO. Hope those of us here have considered this recently. I've been here a very long time and hold a significant position. I have watched the trading, and feel the LONGS will stay in control IF they are steadfast. Need volume,though,generated from positive news from CGAQ. Imagine what a 1MM buy at ask would have left us for closing PPS? IMHO and GLTA here.

stilts75

05/12/11 1:29 AM

#26385 RE: sssneo #26379

I think people forget this is not TV. Here in real life there is no such thing as instant gratification in relation to business. If Swank had come back with a contract too quickly, I would have wondered what or how much he left on the table. Executing negotiations of this nature are not quick or timely events. He has a solid business plan and he has shown diligence in this process.