RE:RE:RE:RE:Another Shakespeare QuoteHow do you know if I'm short or long?
Unfortunately the fundamentals do not work in LEG's favour when the underlying commodity totally collapses. It could very well be another year before crude shows signs of life.
What do you have to say about this fact from the 2014 Q3 report?
Net debt and working capital surplus (deficit) (2) (878,935) Q4 netbacks will be even worse and that deficit will widen. Have they hedged appropriately? LEG's projections for Q4 are based on $80 WTI. Will they have to cut back production? Smart money saw this coming months ago.
How do you know the energy downturn is temporary? I can argue with your non-existent facts all day long!
blacktoprunner wrote:
The facts are self evident. The fundamentals for LEG have not changed one iota. The ONLY thing that has changed is the price of oil and that is only a temporary correction. You cannot argue with these FACTS though I know you will try in the continuing hope of trying to scare loose a few more shares. How are your shorts coming along? Starting to feel the turtle head yet? Your pain is about to begin.