SI
SI
discoversearch

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor.  We ask that you disable ad blocking while on Silicon Investor in the best interests of our community.  If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.
Strategies & Market Trends : Strictly: Drilling II

 Public ReplyPrvt ReplyMark as Last ReadFilePrevious 10Next 10PreviousNext  
To: nspolar who wrote (9434)3/15/2002 12:35:22 AM
From: gold$10k  Read Replies (1) of 36161
 
nspolar,

You've got about twice as much MNP as I do. The price came down and volume went up today as Gundy renewed selling of what I imagine are the remainder of Carpenter's shares. I guess they got smart and decided to let the price rise some before dumping more of their load. It seems like they've been putting it on the market in 50k and 100k blocks in an attempt to exert less downward pressure on the price. I see this as a buying opportunity since Gundy's selling (which created the current extreme undervaluation) will eventually be done and then I would expect the price to rise in a more consistent way. It's still my favorite moonshot and looks like a no-brainer from here, but I've been wrong before. <g>

Regards,

vt
Report TOU ViolationShare This Post
 Public ReplyPrvt ReplyMark as Last ReadFilePrevious 10Next 10PreviousNext