RE:RE:Good Idea - Bad TimingMarijuanaTrader wrote: Chapter 11? Not with all that money there have in the bank and cash fow positive wells many others not this one I can't see PXL PTA and INA going down the tubes but ELW no way
They lost 6mil last quarter. They have tiny production and at what prices are they cash flow positive. All that money in the bank is supposed to be for new acquisitions not for just surviving in poor oil prices...
Disclaimer:
Everything I have posted, recent posts and/or older
posts and/or any of my public postings are and have
always been *My Personal Opinions and Speculations
Only.
As always, do your due diligence before making any
investment(s).
-glta TT777