RE:RE:bought back into Lightstream last couple of daysdinkdestroyer wrote: I have been watching this since I sold. Technically, this still looks to go lower. Barring some event unique to the company, the stock market in general looks to be entering a correction, perhaps a steep one. If that happens, this will probably trade down into the mid $6(USD$5.60).
This company defies trading metrics ....
Any way we look at it, both Technical and Fundamental.
I put it down to confidence in management and their credibility.
Can we trust that there won't be something unknown to wreck the Q2 & FY guidance ? .. we will know tomorrow evening sometime.
We've been selling off our low decline production.
I wonder where decline rates are now. They said 29% during Q1 c/c.
We sold off a lot of our royalty income producing land,
I wonder what this will do to net-backs.