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Long Run Explor Ltd Ord WFREF

"Long Run Exploration Ltd is engaged in the development, exploration and production of oil and natural gas in western Canada."


GREY:WFREF - Post by User

Post by qwqwon Dec 05, 2014 12:00am
413 Views
Post# 23198144

shorters dream

shorters dream-margin calls (traded under $3)
-unmarginable companies (aka LRE) are the first to be sold when the broker calls.
-Disgruntled former Crocotta investors
-analyst's favorite punching bag
-no insider buying for last 2.5 months
-no issuer bid (even LTS has one)
-tax loss selling
-potential div cut
-Sprott factor
-panic selling,leading to a vicious cycle and a self fulfilling prophecy
-uncertainty about everything
-too much debt,too much oil,too much gas,basically too much everything
I'm surprised the share price isn't down to a buck after the perfect storm for the shorts.
The shorts may be winning the battle,but the war is far from over.

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