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Lightstream Resources Ltd. LSTMF

"Lightstream Resources Ltd is engaged in the exploration and development of oil and natural gas in Western Canada. Its operating areas include Southeastern Saskatchewan, Central Alberta, and North-Central Alberta."


GREY:LSTMF - Post by User

Bullboard Posts
Comment by ltrabson Apr 04, 2015 12:06am
152 Views
Post# 23596331

RE:RE:RE:RE:average cost $3.68

RE:RE:RE:RE:average cost $3.68A quick look at LTS, PBN & Petrobank comes up with .. 

2011 - I sold 8,700 at $12.72 , not a loss as I recall. If I had hung on I would be down $193,000 this week. 
2012 - I made a small profit on Petobank, $4,266 , I dont know how many shares. 
2013 - I sold 1,300 shares at 7.45 at a loss.
2014 - I tried at various times to buy back in but as with every year to date of this company fundimentals and aparent value kept dropping ..
Operationally they were'nt able to make money ...
It was becoming aparent that the CEO's quarterly pump was a figment of his imagination ... 
By 2014 I was only prepared to try a few hundred shares at a time with very tight stops .. a book marker of sorts to keep an eye on the company.  

2014 and so far this year I've lost $400 or so.  



Bullboard Posts