OTCPK:ARNBF - Post by User
Comment by
rookieoilinvestoron Apr 11, 2013 10:27pm
196 Views
Post# 21244868
RE: RE: Things to consider
RE: RE: Things to consider Nightowl, I don't disagree with you.. I've seen it time in and time out! My point is that, if there is something tangible out there saying that this is going bust, then share...if not, share the info that might turn this around! I bought this at much higher rates too! I've traded in and out and now my cost is a little over the current range. I don't expect that I'm going to lose in the end but there is going to be a lot of volatility! I'm taking this situation to gain back what I am down. This isn't for the weak that's for sure! But my conviction on this one is that the asset is worth a lot more than its current stock price. Legacy is another frustrating stock too. The fundamentals, the location are all good and the stock should be higher...it's not and the shorts are proably going to take it down to the lower $5 range...another opportunity to trade in and out.... it's not strapped with the high debt like Arcan but Arcan's upside is so much greater!