the ceo totally knew they were in troubleImo,everyone is to blame here,especially the company fools at the helm,Tellier boneo-head of course....
Those big fund short-sellers may have helped to take it down somewhat but these total idiots at YLO shoulda anddddddddd coulda cut that stupid dividend in half at or near 5 dollars per share when they had a chance instead of being pumpin' biatches when they last reported in q-1.......fudddddddddd anyhow.......took my loses and switched to a penny stock called COMPTON-PETROLEUM(CMT)....ok Natural Gas play with tangeable assets rather,they been paying down debt big time for quite some time now,always a good thing to keep debt in check with lots of cash on hand ta boot;;;hey,don't get me wrong,it's a long shot also but a take-over play as well no doubt(it was almost taken out a few years ago at the high single digits I do believe)
CMT is out in Alberta,was a 15 dollar stock until the NG prices tumbled big time...ouch .
Well for those who didn't bail on time with this dog,,,,another Nortel lie for Canada..........time to like our wounds.....a dot bomb company so to speak......
For those who stick around at these levels,,,,,trade this pig for now and be careful......targets scarry here....watch the analyst on this one,,,hedge funds may kill this little pig,,,I mea right into bankruptcy perhaps,,,,,,a take-over play perhaps only if they had 1 billion in debt and not 2.1 billion rather......that's freakin' insane folks...... had the div been cut in half way back at 5,the share price may have seen a low of 2.50 per share max.......tell me that i'm wrong here.............bt