Rooster Energy PRBEQ

volume

[fagiani24]

Yep, it's nice to see volume. Hate to always be negative on this one, but I really don't see what all the hype is about. Even if they get financing, what has that accomplished? They are in the same boat they have been in for past 2 years. Large debt, price of oil falling.......id bet anything, first 600,000 shares today we're sold by the penny trader who bought them yesterday. Restructuring financing today will bring them deeper into debt. The only way this one would have flown is if they paid off the debt. if that was happening they would have announced in 3 months ago. Like all of you, I hope.......but hope won't save us.

[BrokeNewbie]

The difference is oil price is profitable right now, saudi cut more oil to state, oil market supposely tightenting where demand is closing in on supply/ but hey there no nr so this company could be 0 tmrw who knows anything can happen.

[Burnerman]

They reported over 3 million profit 3rd quarter of last year. 3 million was used to pay down debt. They have lowered operating costs. Fourth quarter oil price was considerably higher. That alone should put them in the green. Add the completed decommissioning contract and now they have the funds to negotiate. They reported that they refused to make the payments to the Note holders not that the