OTCPK:ARNBF - Post by User
Post by
hardeeharon Feb 08, 2014 8:07am
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Post# 22187010
Expect More Disappointment
Expect More DisappointmentWith Arcan on their 2014 production guidance. With capped spending I expect avg production will be flat or even lower than last year. Not much to look forward to anymore with this company in terms of growth. Its best if they got bought out IMO.
It's 2 years ago when Arcan stock began its free-fall from its high of ~$7 to where it is now at 30 cents...a 95% decline. And Mgmt still has the audacity to claim they are adding long-term value to shareholders.
Shameful!