RE:RE:IT’S ALL RELATIVESeppelt wrote: Good advise BlueCollar 'to stay CALM'... But what would you do if you were a shareholder of both, LNV and SGY, and had about $50K cash to spend?
I am in no way qualified to advise anyone as to what they should do with their money.
All I will say is that if I held both LNV and SGY and had $50k of investable cash it would depend on how much skin I had in the play.
Regardless of how “Good” something looks I have self-imposed limits re how much I will invest in any one play. As much as I wanted to back up my LNV truck when it was trading at abt. $4.45 I didn’t for that reason.
At this point I think that SGY is managed much better and a safer investment. LNV could have more potential reward.
Keep in mind that somebody other than SGY may ultimately be the acquirer of LNV.
As Always, Do Your Own Due Diligence, It’s Your Money !!