Henry, Royale is now with Microsoft, Intel, Cisco, 3Com and others
on Nasdaq.. For heavens sake, I think it is great when this micro-cap
company has worked for at least a year to attain the full Nasdaq
listing, and congratulations are in order to Royale Energy. Yes, there are some problems with companies on any exchange, and you need to do your research before investing, even in large caps like described above. Unless you are a trader, the market makers should
not impact your potential profits to much of a degree. I've been
following Royale Energy for four years, and investing in them for a
full year. I should have done it earlier, and gotten some stock at
two instead of just under three, but the market maker aspect is
now irrelevent in my case.
BTW, I also want to thank Steve for posting here with us. I don't
see anyone from Exxon or Royal Dutch here with us on the group.
Sorry to get a little off topic, so lets focus on drilling wells,
and adding to the bottom line for Royale. I'm looking forward to the
annual year end and quarter four results coming out soon. I am
optimistic for a nice surprize, given the nice prices for natgas
in December.
Wayne |
