GREY:PRBEQ - Post by User
Comment by
snootchybootchyon Mar 15, 2016 2:05pm
98 Views
Post# 24660750
RE:stronger?
RE:stronger?Good posts. The reason why I bought into this name was because it looked clear to me that failure had already been priced into this stock. Either you believe that the "cradle to grave" strategy will keep this company afloat until oil price recovers or you don't. The fact that this company was able to eke out a profit in Q3 was a meaningful signal to me the strategy is working. The lumpiness in revenues for this company will remain a risk but investing in any small oil & gas company is risky these days but they will also offer the most torque should oil price recover.