Re: Any concern about this latest action?
posted on
Feb 10, 2009 07:30PM
.00085 was a typo, sorry, your right, .0085 is bad enough, I didn't intend to make it look any worse, even though the probabilities are good that Silverado shares will follow the Dow on down, just like it has in recent past.
When I stepped on the land where the Green Fuel operation was to be built, and after I was told it would be well underway by the start of that year, I pretty much knew it wasn't going to be a real concern, but I gave it my support and continued to hold and even bought a few more shares, (250.000) with the remainder of my previous profits from my last sale of Silverado stocks. I finally bowed out when I reached the $1,000 profit level, not wanting to give back all that I made. As for penny stocks, I'd never touch one under a penny, no matter how many lines they fed me. Mr. Dynes in the PR dept. is good at covering up and dodging direct questions. I never did see anything of the "big deal" in the works with China he talked about and I don't suspect the smart Chinese people would be dealing with something less than a penny stock now either. Silverado's Green Fuel project at the ecoplex in Miss. is like the coal company representative across the street said it was.. a joke. I haven't been by there in over a year, but my guess is that the grass has gotten taller around the marker flags that were planted around the culvert.
If Silverado insiders were to buy up the remaining shares, that volume would increase the share prices. An ensuing sell off would create large profits for those shareholders who sold their shares, it's the same thing central banks do with gold bullion to create profits from liquidity of the gold itself, then after the sale runs the price down, they buy it back and start the cycle all over again. The game is called manipulation. Banks have enough money to throw at the markets like Gold that they can and do manipulate the prices with, to them, it's just business. If a bank sees a good money making oportunity, they buy it. I see no banks holding Silverado stocks listed.