Post by
Reflect on May 25, 2015 2:50pm
Why Invest in LRE!
Let’s just use an example: SPE is trading above its book value with a sp in the $3.00 plus range. It produces approx. 10,000 BOE/d which they call a record production. It pays no dividend & has no real assets to grow because Renegade the former company sold off assets & yet SPE prides itself as a growth stock. SPE has to buy properties & drill & good properties cost money so they have to invest at least $500 mil or more. And yet TD etc. pump the stock. There is no money to be made in SPE. Investors are just tying up their money & getting nothing in return. There is no dividend & do your dd – there is no growth.
Another, take LTS. Mgt. there doesn’t know whether it’s coming or going changing their mind as fast as the stock market changes. No direction & no leadership & a ton of debt. Investors here hate their CEO & mgt. team & publically have stated so.
LEG is also floundering & now they got the insecurity of a proxy war by Front Four which will only result in lower share prices. The investors there to are completely dissatisfied & do not trust their leadership. Also, an accumulated ton of debt.
LRE looks very good & promising. As always, every stock has risks & rewards. In LRE case the rewards surpass the risks. You will make money off of LRE unlike SPE where your money will sit there I guess & keep the status quo. At LRE’s present sp; man – you stand to make a lot. Invest in LTS & LEG & you stand to lose because of the present environment & situations their in. LRE is stable & has good leadership & the potential to make you a lot of money. Anything under a dollar right now at LRE is a steal.
Hey; it’s your money. Do your dd & take your pick.
Comment by
tsoprano1 on May 26, 2015 2:10pm
Reflect, you need to put Schlinker on ignore. He is either the village idiot or managed to buy this and PTAXF at their highs and wants to blame everyone but himself. He apparently spends countless hours posting drivel on these boards in the hope of getting others to sell. I am not sure who would be taking his advice given his dismal track record, but it is easier to just ignore him. T
Comment by
wilwal on May 26, 2015 2:50pm
wiwal: your posts are awesome and always right on. Your pal, shlinker
Comment by
Shlinker_ on May 27, 2015 9:19am
Actually wiwwal, or whatever it is you call yourself, your posts are not right on, and your investments are terrible.
Comment by
wilwal on May 27, 2015 9:33am
It was a joke. A bit too subtle I suppose.
Comment by
Shlinker_ on May 27, 2015 9:35am
Actually, my appologies wilwal. You do seem level-headed, and your posts are informative. I did jump down your throat for a comment, but its cool. Keep posting the good stuff....equal weight. Its REFLECT that truely needs to leave this board. Maybe he will after she sells her shares!!