June 22, 2007
Dhanoa Minerals President and CEO Increases Personal Investment
By admin
I saw the recent press release issued by Dhanoa Minerals. As one New York radio personality likes to say, I don’t get it. Here’s the what of the what that I don’t get.
Why would a CEO of a public company spend hundreds of thousands of dollars over the past 60 days for the purpose of increasing awareness (translation, pumping the stock price) and then invest back into the company at a price which one reasonable person can assume is at a higher price (artificially because of the pump)than if the pump didn’t exist? Does that make any sense? It’s kind of like buying a house but before you buy the house, you tell 100 people what a good buy it is and that they should put in a bid and after all 100 people bid for the house, you are ultimately the buyer. So if that’s Mr. Balak’s strategy, I’m just a bit confused why anyone would ever want to be an investor in Dhanoa.
My logic doesn’t make sense?
Think about it
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