joint venture, page-5

from yahoo message board phone conversation continues


Phone Call Part 3 29-Nov-10 07:19 pm These guys work hard, they don't blow our money (just heard where CEO of CHK bought 12 million dollars of old maps. CHK fit the bill with understanding that it fits their corporate decor. I would be livid if I was a shareholder and that money was thrown away like that!). He was so polite and helpful that I ended the phone call thanking him for increasing the value of my portfolio. I told him that 6.5% of the votes in favor of the options increase for the board and POSSIBLE increase in salary were my votes and he will always have my votes as long as he puts the company and shareholder value at the highest premium and thanked him for his time. He then said something like "Very good David". I was shocked he remembered my name after telling him only one time my name. I know everyone has their trading techniques. There is only so much movement that the MMs can do at manipulating this stock if we decide to hold. I think we saw that today. After the morning selloff at 1.14, I saw the order book at 1.17 bid and 1.18 ask. It quickly went up to 1.17 and then settled at 1.16-1.17 bid to 1.17-1.18 ask with no one willing to sell on the cheap. Hold strong. Good things are coming. I just cannot tell you when. Good Luck Longs.
Dave