Replies to post #3681 on Gulf United Energy (fka GLFE)

[invst2010]

Yes I agree but when are they going to supply 10Q investors are loosing patience and seems they have given up on this one.....high time GLFE to release 10Q...if not massive selloff on the cards. JMHO..GLTA

[mdimport]

The 10-Q could be released and the numbers could look terrible. Then people would be paying a premium (tied up capital and opportunity loss) for a bombed out report which causes the share price to collapse. Those bombs happen often enough in the stock market to make one weary of what may happen here.

One bad thing that can already be factored in is the increased O/S. Now assets / revenues etc. can all be divided by 1.6B instead of under 600M shares. That's a huge hit on a per share basis.

That is the glass is half empty point of view. Once the 10Q comes out, one will have to pay a huge premium for any shares!!!! JMHO
Go GLFE!!!!!!!