Falcon is a global energy company with projects in Hungary, Australia & South Africa
Developing large acreage positions of unconventional and conventional oil and gas resources
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Message: insider tradig

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Re: insider tradig

posted on Mar 14, 10 08:48PM

I am amazed at the the sheer panic expressed by many.This is not the kind of investment for you to be in. Each day without testing is a crisis. Despite raising 400 million in a basin with little documented success by anyone--now its impossible that falcon will be able to raise or borrow 5 million dollars. And now the panic over bruner liquidating 10 million shares. Some of you must realize how little can be truly gleaned from such info. Dying companies may have insiders buy aggresively so the shareholders do not abandonship. Likewise people sell for personal cash call, tax strategy etc. In this case it is likely a transfer to the bruner family trust or another connected entity that may be involved in funding the play was made. The only time that you should seriouslyconsider insider actions is aggresive buying at an all time high pps. So if bruner aggresively buys when the price is 7.50 per share --then its bullish---otherwise means little.Despite all the attempts to change the facts they remain---if the test results are good and evaluation of seismic is positive---multiple jv's will sign and the pps will rise. If majors review of the data is negative this will plummet and is a bad investment. You will not receive an answer for months. The fact that you lost money and are angry at bruner and mako is irrelevant. If it is causing such angst safer investments should be made. Life is too short.

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Falcon Oil & Gas Ltd. is a global energy company that is focused on acquiring, exploring and developing large acreage positions of unconventional and conventional oil and gas resources. read more