TSX:ONR.UN - Post by User
Post by
CaptainHindsighton Oct 13, 2011 12:19pm
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Post# 19145837
Posted on Here A while Ago
Posted on Here A while AgoI said to short it, and the backlash of comments on here was intensley against me.But i couldn't care less i made $880 shorting 1000 shares of ONR, and it looks like a good short term short over $10.00 again. Just seems like onr is putting the cart before the horse. So there's a dividend and a restructuring ina few months. Looks like onr will turn into CPG paying out more in dividends than they make. Longer term ONR has tons of potential, but look at the one year chart on ONR what more can you expect. Joeanne Hruska said she would sell at $10.00 were about there now.
The Frac fluid side of the business is the only thing worth anything right now, ONR BOE's a day is laughable right now, most companies with such low BOE's a day trade at like .60 cents.
Share price looks out on a limb, the dividend payable in a few months? is the only this propping this stock op on a limb right now