By Cynical Bear | Friday 17 June 2016
Disclosure: I have no positions in any stocks mentioned, and no plans to initiate any positions within the next 72 hours. I wrote this article myself, and it expresses my own opinions. I am not receiving compensation for it (other than from ShareProphets). I have no business relationship with any company whose stock is mentioned in this article.
I’ve been a bit harsh on Jan Nelson, the CEO of Xtract Resources (XTR) on a few occasions but, to give him credit, he tried to do the right thing at yesterday’s shareholder presentation and actually tell the truth. Unfortunately, the truth ended up being price sensitive information for a very select audience and the shares should have been suspended as a result.
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