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Gold/Mining/Energy : Shale Natural Gas, Oil and NGLs and ESA -- Ignore unavailable to you. Want to Upgrade?

To: jrhana who wrote (574)	5/30/2009 8:40:13 AM
From: jrhana	Respond to of 6160

I wish I could find a good site to review the history of the ESA warrant's trading. Yahoo is good with the stock finance.yahoo.com But gives no data on the warrant. finance.yahoo.com I remember one day when I was feeling vaguely suicidal and there was a large offer at $.30 of 30-40 thousand. And I was having visions that the warrant was heading to $.10 with the stock languishing below $3. Then some guy in one fell swoop suddenly wiped out that entire offer. And since then he has been doing some steady buying. If this was a guy who just wanted a relatively small position, he could have bought 10-20 thousand of the warrant a week for months. But to me this guy, wants a large position and he wants it not necessarily now but in less than a year or so. We shall see what happens. But IMO over 90% of the warrant buying has been by one person. And we actually don't know when he started buying. He could easily have over a million warrants by now. And we have no idea when he is going to stop. So again, if someone out there wants a smallish position, the stock in the low 3 dollar range seems like a much better deal than the warrant at $.60. Of course, if you feel like rolling the dice...........