GREY:LSTMF - Post by User
Comment by
survivor2015on Jun 26, 2016 2:29am
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Post# 24999168
RE:RE:One of many solutions for LTS PP Private Placement
RE:RE:One of many solutions for LTS PP Private Placement
I agree with him on many points and disagree with him on others. We are not the same.
You must be a short seller. All from a negative perspective, not entertaining any positive outlook on options.
And yes, highly speculative, that's why it's trading at just 7.5% of book value! At this price, the upsides are just a lot more compelling than the downsides.
PWT showed us where we can be. TET might be another example and LTS will make some of us risk takers some nice returns. I have full faith in management with the most recent moves and the oil price action medium to long term based on global supply and demand.
Still highly speculative, yes. But the assets are there and $10B of merger and acquisitions is waiting to gobble these up. Yes, in whole most likely.