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Cadiz Inc. Message Board

  • tex7779 tex7779 Nov 23, 2012 9:03 PM Flag

    It is hilarious following the games played by the Institutional Investors

    Ever since it was revealed that Altima dumped 360,000 shares on 11/12 - it looks like one or a few II's buy in 100 or 200 share trades so as to appear to be a market and then sell a larger block later.

    The end result will be the same - CDZI will continue its downward trend, period.

    Question is - how long will it take the rest of the II's to truly understand a financial statement, where Brackpool and his gang clearly state that they are running out of working capital. The $ 15 million in tangible shareholder deficit does not help either.

    A ch11 filing is the only sane solution.

    Sentiment: Strong Sell

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