GREY:LSTMF - Post by User
Post by
martman16on Dec 10, 2014 6:13pm
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Post# 23217188
Not saying this will happen but...
Not saying this will happen but...I know a few of us have been through this before. The problem I see with this is if oil gets to the 40's and they are surviving, their sp could be around .75 and you have to have the kahunnas to buy lots more because $3 would be a fair price. Once the price settles, there will be sharks everywhere. This happened to me with UTS a few years back. Trust me I have 37k shares at around 5-6 bucks and I don't want this to happen. That said this is gonna be a tough decision.