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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
Post by bushhog1on May 31, 2015 1:18pm
196 Views
Post# 23782245

Just Energy is just an amazing stock

Just Energy is just an amazing stockJust Energy (JE) has no Equity ( - $665M) for Shareholders and a huge Debt 
with no assets to sell and pay it off with.
Also negative EPS in the last 4 Quarters and the kicker is.... its trading
at its year's peak s/p of $6.68.
Analysts also have a Buy on it,

https://data.cnbc.com/quotes/JE-CA/tab/7

I understand the Company is run by Debtors but why is Shareholders just
buying the Debt of this Company?

On the flip side LTS is being punished for having enough assets to pay off
Debtors and make Sharehoders' rich.

Someone has any idea on JE?



Bullboard Posts