Tracer Petroleum (TCXXF) Message Board

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Gold/Mining/Energy : Tracer Petroleum (TCXXF)

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To: Saracen who wrote (1001)	5/6/1999 11:47:00 PM
From: Midwesterner	Read Replies (1) of 1261

So your sorry solution, and the boards, is to once again roll the stock back so we only have a little over 1 million shares. Then the stock can go up to $1.50. A month later, or maybe only a week, the price plunges under $1.00 again. Then we can roll the stock back again maybe 5 for 1 and get that old price up to over $2-$3. Then watch it go below $1.00 again. Of course at that point we only have 250,000 outstanding shares or so. You can't keep rolling back a company to keep it afloat. You need a cash flow. You need a positive EPS. Why wasn't this done a loooooongg time ago? Tell you what, I believe not everything has come out yet. What is going on in Indonesia? Why has all the news dried up there. I know you're reading this Steve. Send me your e-mail address. Let's talk. By the way Saracen, did you also lose a lot of money with Odyssey like your buddy? Is this where everyone is supposed to get "well"? Guess what! There's going to be a lot of "sick" people shortly I would guess.....

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