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Longford Energy Inc V.LFD



TSXV:LFD - Post by User

Comment by Rudee.on Sep 28, 2011 6:52pm
164 Views
Post# 19095815

RE: VST had 900% return 10 cents to 90 cents

RE: VST had 900% return 10 cents to 90 cents
"..Remember that VST went from 10 cents to 90 cents once it started drilling, that is a 900% return for those smart buyers."


The entire region has turned out to be nothing but a major disappointment, VST, WZR, etc.   Investors got burned and learned their lesson.  You will not see those kinds of price movements again.  I also want to point out that the move from 10 cents to 90 cents was during the bull market rally after we came out of the recession.  Lots of stocks had massive momentum based rallies. What you failed to mention is that on May 12th, 2010 when the VST well spud, the stock tanked, and has since spiraled all the way down to .10 cents.   
We're on the cusp of a double-dip recession.  People aren't gambling on "wing and a prayer"  penny stocks.  Not now. Right now people are flocking to cash or reliable dividend paying stocks.   The threats of double-dip recession are so great now that people are even selling gold stocks to get into cash.   You're not going to see any October rally in LFD, and if you actually think that, you should be committed into a mental institution.  
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