GREY:LSTMF - Post by User
Comment by
jerrybeon Sep 15, 2014 1:46pm
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Post# 22937095
RE:Whats Up??
RE:Whats Up?? We just might...the overall market has not even had its typical fall correction.
What happens to LTS if overall market tanks 15% and oil goes below $90? I am holding on but I should stop looking at this point!
Oh well, we are now at a 40% drop in less than three months. Let's reward this management with more "incentive" shares.
At these levels, it would be nice to see management go on the open market (not exercising their options/incentive shares, etc.) and buy in a significant manner as JW did late last year. Let him commit further to this firm and its future.
It is interesting (and obviously disappointing) to not see one major investor coming in at these levels. There is no interest for Canadian E&P firms at this point in time...