Omagine

Company has signed a Development Agreement with the Government of the Sultanate of Oman. Omagine Owns 60%; Sultanate Owns 25%; Consolidated Contractors Owns 15%. Project to be developed on 245 acres of beach front land on Gulf of Oman. The estimated cost approximately $2.5 Billion. BNP Paribas To Lead Construction Financing Syndicate.

Home Videos Research Press Release Q&A Discussion

Threads Posts

SHort Selling

Omagine

almost 10 years ago

in response to lebnjb@ameri's message

The short conspiracy gettin little long in the tooth and has been and always will be part of the market. Perhpas this is simply a breather while people wait for more clarity and a tangible timetable as to what to expect. Trying to stop the shorts by hoarding stock seems futile at best.

When the story gets out, more details emerge and the marlket beleives that the delays of the past are not going to affect the future than the stock will take care of itself and the shorts will either cover or get buried

For now conspiracy theory is just a hypothesis