GREY:BXEFF - Post by User
Post by
Indicatoron May 31, 2016 8:14pm
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Post# 24921223
Let's examine the risk reward in the light of day ...
Let's examine the risk reward in the light of day ...I'm no accountant so I will leave it to others to extrapolate the $$ risk on the balance sheet.
The overarching question seems to come down to this:
At $50 oil, are they going to call in the loans - if not, why not?
Similarly, at $40 oil what will the banksters be inclined to do?
Is there a case for vultures circling this carcass at any oil price yet being willing to buy this for more than it is trading for?
And finally, just what is the frikkin oil price and the time horizon that will keep the bankster comfortable enough to allow BXE to remain a going concern?
Insiders will know when the banksters are going to put BXE to the grinder ahead of the street and so far from a technical standpoint, BXE's extreme lagging the current rise in oil does little to provide any confidence insiders are thinking positively about BXE. Anyone eyeing the current price with the knowledge that bansters are worried, has every reason to think BXE is tettering on the precipice.
Your rational unbiased thoughts? anyone?