So, shareprice trickling up on low volumes. Convincing. Driven by those who hope they didn't buy a lemon in the mid 80's in my view. I've heard nothing in the marketplace that tells me EPD is turning the ship around.
If National Nominees spending ~ $800K on EPD shares is some sort of vindication then I'd point out that Bonkerville sold a similar value in shares in Nov... (when supposedly he had no idea a profit warning was a mere weeks away). Dream on.
As for Waller not being pushed? No, of course not. The CFO who lets a company take on more investment than it can afford and has to negotiate an emergency agreement with the Intergen vendors to accept shares and deferred payment would never be pushed would he?
I think this share will test it's recent lows in the months to come.
EPD Price at posting:
38.5¢ Sentiment: None Disclosure: Not Held
