Silicon Investor (SI) -- The First Internet Community

STOCKTALK

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 : Ride the Tiger with CD -- Ignore unavailable to you. Want to Upgrade?

To: Rocket Red who wrote (168911)	7/9/2009 2:11:46 PM
From: ogi	Read Replies (1) \| Respond to of 312301

That was my bet and the stock held well with the dilution and then Whammo last couple of days it drops like a rock. Which was pretty much what it does, back and forth back and forth. I do think they had to have ponied up many millions here for a piece of the Kurdistan oil fields and it should pop once the news is out. Since they borrowed 4.3 mil from VST and have paid it back, I assume the deal is done in so far as money has changed hands. Maybe no announcement for some lame bit like waiting for a signature. So not surprised LFD has been knocked back, fairly typical before they run it again. I am underwater at these prices though.