GREY:VFGGF - Post by User
Comment by
sellthefarmon Aug 27, 2014 6:13pm
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Post# 22884105
RE:The "Nothing is New" news is out
RE:The "Nothing is New" news is outIt could have been worse ie) bank line called, production down, etc. But, this non-news will send the stock down further IMO. Investors don't want to buy something with this high of a risk profile with little chance of reward in the near to mid-term. Extending the credit review until the end of Sept just keeps the debt overhang on the stock for another month. I hold a lot of shares in PRY but I'm guessing they'll be worth a lot less in the next few months. I hope I'm wrong.