GREY:LSTMF - Post by User
Comment by
jerrybeon Sep 25, 2014 12:05pm
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Post# 22969874
RE:RE:rest of the day will be interesting maybe
RE:RE:rest of the day will be interesting maybeI would like insiders (JW and others) to start buying more on the open market. That's what JW did at the end of last year and it brought in a lot of confidence back...it was short lived but it was nice while it lasted.
You have got to admit, they are real clowns in terms of communication to shareholders. How can one be so sloppy and mismanage expectations so badly. I expect them to miss their revised target...probably not by much but enough for the mutual fund industry to stay away, you cannot constantly disappoint and not expect to be punished.
The stock price can/could/is manipulated because it can be manipulated...if you had a core of big players (e.g. Blackrock, etc.) holding the stock, this sp would not yoyo all the time. As it is, it seems it jumps up and down (mostly the latter) very easily.
Value is there but sentiment is extremely negative for all oil stocks, in particular Canadian oil stocks, in particular high leverage Canadian oil stocks, in particular those with a poor track record: Enter Lightstream!