RXL 6.25% 17.0¢ rox resources limited

i think they were initially conservative..., page-101

  1. 15,276 Posts.
    lightbulb Created with Sketch. 45
    crackpot...

    Exactly...who would short such a stock?

    There is only one safe way to do so...if you know 100m shares will be issued at say 5.5c, or that failing, at a price below what ever average you manage sell 100m shares at...then one might suggest this is possibly the only safe way to short such a stock.

    Not many stocks could withstand such an onslaught.

    It was a similar scenerio over at MNE by the way...where I suspect much of the stock eventually taken in the 10c CR was actually pre-sold into the market well above this level.

    Again...pretty fool-proof way to short a stock...but only works if you know what is coming.

    It's called "raising capital through the markets"...lol

    Anyway, good luck to you crackpot...you are one of the few on here I am happy to disagree with on what I see are fundamental pricipals, yet still respect you just the same.

    Cheers!
 
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