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I think having an institutional investor is what is really going to drive the stock. Again, the lowest float I have ever seen so it is not going to take much to make this fly.
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Yep, I liked that news. Might have explained the lack of PR's up to this point due to the takeover. I did see they were working on starting a pro league too.
-------------------- Fred [IMG]http://renegade.iconlabs.net/images/tek.gif[/IMG]
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With the addition of a pro league and having institutional backing, we should see the stock move up nicely. The institution has a 20% controlling stake so that is a nice chunk of stock to acquire.
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I'm waiting on news, maybe ill shoot another email to em and see whats up. Originally they were supposed to at least release some info on the teams after the first weekend of play.
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Btw: I wonder what will happen once the company announces the start up of another pro hockey league? Many fans are bound to find out about this and have to think this stock is cheap. Super low float could really send this one.
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Wow, I take that back. 500 shares were bought from $2 - $2.50! Extremely low float!!! Hmm, I think we need a MOMO play here as this stock could jump to $10 with little money at this rate.
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The old shell has problems GRDX.....Hope this baby went thru a bankruptcy first. Jonathan MacPearson is a flake and may have sold his bad shell to good people. Careful boys
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quote:Originally posted by Thirb: The old shell has problems GRDX.....Hope this baby went thru a bankruptcy first. Jonathan MacPearson is a flake and may have sold his bad shell to good people. Careful boys
They have an institutional investor which gives them better financial footing. The main owners are ex-NHL stars.
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Btw: By no means am I telling anyone to invest in this stock! I am a holder from the original transition and have chosen not to sell based on the super low float and the upcoming promise of another Pro Hockey league coming in 2006. As with any stock, this one is risky as it is tough to buy or sell because of the super low float.
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