OTCPK:VREYD - Post by User
Post by
Roberto8024on Jul 19, 2013 11:09am
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Post# 21617918
For sure will go back down below $1.40
For sure will go back down below $1.40Just like renegade "surprised" everyone with there debt TOG will drop as well when the market realizes if not all ready these were poor acquisitions. The problem is not that some of these are non-operational rather the capital now required to make them operational and the unknown for production rates.
Too risky in the sense of upside from here. I would rather own companines that have good assets that are trading below book value like LEG or NGL.