Banter and general comments, page-20912

Yes Whiskey49, I remember those years well, you are correct a good company producing good results will eventually rise up, BUT, the market is a very different beast now and we must learn and understand the tactics investment banks now use to manipulate SP and put fear into retail holders and use this to buy our shares at a discount price. The smart investor understands this and has a strategy that works.

Norton79, Most of what you say is correct and can be applied to the majority of stocks, but here is where we disagree. CXO is not like most stocks, with over 70% held by retail, GS and others can easily decimate SP and use us like a play thing. we saw this late last year after a negative report had SP down to 87c and then guess who starting buying, price manipulation at its finest bending over retail as they know what fear does in an uncertain market. Now, since that time we all know GS are just out to fill their pockets with their Li sector BS reports. They have since put out 2 similar reports targeting CXO. Now remembering retail holds over 70% and SP is at the mercy of these lowlife investment banks lending out for shorting, this is where management should be taking notice of this trend, we don't want regular progress reports, but after three attacks from GS decimating SP each time, surely we should have heard something from management refuting these BS reports

GLTAH