Showing posts with label east west petroleum. Show all posts
Showing posts with label east west petroleum. Show all posts

Thursday, June 23, 2011

East West Petroleum (EW.v): Give David Sidoo credit, at least he's consistent

For your general edification and entertainment, let's catch up on how the Marin Katusa / Casey Research led scam pump East West Resources (EW.v) has been doing. We've featured it on a number of occasions at this humble corner of cyberspace (here and here tend to be ongoing popular posts) but today we're homing in on Executive Chairman David Sidoo's contribution to the cause...which so far has basically been throwing his own money down the Katusa Krush™ black hole:

(click to enlarge with sharper focus too)

It's incredible to think that installing a failed restauranteur as head guy of an Oil & Gas junior hasn't paid off so far...can't think why that should be. Hey David, you know this old joke?

Q: What the best way to make a small fortune in the stock market?
A: Start with a large fortune, then.....

Thursday, March 31, 2011

Marin Katusa front-runs and screws his Casey Research sheep...again

Hey dudettes and dudes, remember East West Petroleum (EW.v), the Marin Katusa pumped scam that zoomed higher late last year on his incessant pumping? Well IKN does and so we thought it was a good time to see how Marin's bigshot hot tip was getting on since it ran its $30m dollar financing in December. So here's the chart:

Oh looky, the thing has dropped like a stone and is back to the pre-pump price levels. Now there's a shocker. Y'know, I think we should name this kind of chart action after Marin, as I know he'd be pleased to have a moniker out there in TA. So as Bollinger has his bands and Mac has his Dee, what about the Katusa Krush?

Let us remember at this point that East West Petroleum (EW.v) is the very same company that 1) is being pumped by Casey Research and 2) gave fat finder's fees to KBH Capital, the entity comprised of Casey Research's Marin Katusa, Casey Research's Marc Bustin and Casey Research's Joe Hung and also let's note how 3) Marc Bustin was put in as a director of EW.v last year. More details on the sordid connections to Duggie's self-serving empire right here (along with reminders of how Katusa's similar foray with TCF.v ended very very badly).

And the cherry on the cake is that the company chairman is a guy named David Sidoo, a Vancouver restauranteur and buddy buddy of....roll on the drums....yes...you've guessed already havent you?...Marin Katusa! Sidoo dude, you shudda stuck to waiting on tables.