Providence Resources - Opinions - Everybody´s opinion is valid. However...

Everybody´s opinion is valid. However it is strange that someone with no shares spends so much time damming Providence. Wish Jimmy would explain why he spends so much time bad mouthing Providence. I can see two reasons why someone with no shares spends so much time doing this. 1. Either they are shorting the shares or else they have a vested interest or a party for who they are working/connected has an interest in keeping the share price low. Remember that if Providence needs to equity finance in the next year with SP down low it is more costly and unpalatable in terms of dilution. Any vulture company can try and depress the share price with a few bloggers knowing betting on the need that Providence could have in the future for equity finance. This company could come along then at the time and make a low ball park offer for the company. I remember one of the members of this board some time back had a link to an article discussing how the major oilers keep the minnows under their thumbs with this sort of behavior.