RE:99999gold?Kherson wrote:
I find your posts highly suspectl, to say the least. I have seen this game played before with Renegade and Daylight Energy.
Keep in mind folks, if this stock gets taken out, you shorts are gonna get fried!
Kherson
why is it highly suspect? because I understand fundamentals, can read a balance sheet and I'm not even an accountant, read the MDA - how many here have read the MDA of LRE? move forward strategy of a resource company when a commodity is under attack - do you know what happens behind the scenes right about now of every oil company out there - I do - I wrote all about that today and a few days ago, go back to it and piece all together and read all the comments/replies of others to me. 20+ years in good, great, bad and worse times in the commodity space - you learn pretty quick.
I wrote about what will happen in the short term and long term - it's clockwork with these commodity companies, and NO there's no backroom deals or calls being made asking each other to merge or acquire because they don't even know where the commodity will end up, all they're worried about is liquidity, update their strategy on this new reality.
However telll me why on fundamentals that it should trade higher or back to 2, 3, 4 or 6 or get bought at those level by a white knight and I can tell you why it wouldn't. Again I'm making that call that an equity raise is also in their thinking along with the div elimination.
perhaps I do overshare my knowledge of fundamentals, commodities, trends but I like to share - sharing is good for the world...