OTCPK:JENGQ - Post by User
Comment by
SlickRick40on Oct 10, 2014 2:21pm
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Post# 23019513
RE:RE:They will go private
RE:RE:They will go private
you don't want this to go private unless you bought in the $5's. A privatization here could go through at a 20% premium to current trading price, effectively locking in losses for the many long-term bagholders with acb's above $6.
this has turned into a disaster for all parties involved, not just the customers.
for the stubborn yield mules that stick around hoping another dividend cut won't happen, all you can do is wait in hopes of better revenue growth. if that doesn't happen, the sp will continue its journey into the sewer with the rest of the broken business models.
Selling expensive natural gas during a shale boom is bad business.