Red Sea Oil Corporation (RSO) Message Board

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Gold/Mining/Energy : Red Sea Oil Corporation (RSO)

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To: Greywolf who wrote (281)	2/1/2000 3:53:00 PM
From: Greywolf	Read Replies (1) of 332

Yet gravity and/or something else, gets hold of the stock and drives it back down. Why is anyone selling this stock at below $2? (and that is low, very low) Could someone with their finger on the sell button please post an explanation. The answer would be interesting :) The oil in the ground on this one at say $3 pb is worth $270 million against a market cap of around $90. I know the bid is in the mail but why give the stock away? It would be educational to get the rational explained as to why somone is selling at this level. Greywolf

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