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Gold/Mining/Energy : KOB.TO - East Lost Hills & GSJB joint venture

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To: Joe Cool who wrote (607)12/8/1998 12:03:00 AM
From: Chad Barrett  Read Replies (2) of 15703
 
<< I put in a buy order for 2.00 this morning and it was over looked by the buyers. Apartently some large mutual fund managers unloader a high volume of shares. With interest high, my order was over looked because people offered a higher price. I got a call from my broker that I bought at 2.60. I was pi--ed. I then got a hold of Bob Christie and was informed as the press release came out that there was damage to the casing and a relief hole would be drilled. The shares
price began to drop and I bailed, more like paniced. >>

Joe, this guy is a laugh!! *LOL*... He can't even spell properly! But, that isn't the real joke.... the real joke is that he doesn't even understand how the markets work!!!!! *LMAO*

He says he put in a buy order at $2.... ? Then why would he get filled at $2.60??? Has he never heard of limit orders? Apparantly his "buy at $2" was a market order??? ALSO... his explanation of why he didn't get filled at $2 is screwy?!? "...it was overlooked by the buyers"? What the heck does that mean? The market gapped up this morning... doesn't this guy understand how the markets work?? Oh well.... I'm glad I don't waste my time at the "BullBoards" at StockHouse.

His analysis of the press release today also seems to be a bit out of whack... I doubt he "got a hold of Bob Christie" as he put it... he probably just read the press release...

He could be right about the share price dropping though if they do announce that they won't be able to cap the existing well... having to wait a couple of months to find out just how big the resource is wouldn't make the market very happy...

Chad
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