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SUBSEA RESOURCES: A possible Treasure Trove

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Buntz - Tue, 20 Dec 05 :

dhb.

Having seen my major holding, rtd, screwed by the MM's in recent months, I am of the opinion that they are a bunch of greedy barstewards who have little or no regard to the fundementals of a company and for now SUB is likely to be priced according to trades only. My concern is that the MM's could hammer this stock down in the next few months and at current trading levels the SP is unlikely to rise without positive news. It concerns me that March could slip to April, May, June, who can say at this time. I'm looking for an entry point though but I don't think current SP is it.


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