Long Run Explor Ltd Ord WFREF

RE:RE:RE:RE:RE:RE:RE:RE:RE:The Absolute Lack of Fundamental Legs

[99999gold]

JohnJBond wrote: Babies are getting tossed out with the bath water.

Those who might be concerned include.

1.   Those with concentrated Oil and Gas portfolios who use margin.     Many of those types are probably having to respond to margin calls and have to decide what within their portfolio to sell.    Its a bad place to be.     It repeats over and over as the price falls.

2.  Those mutual fund managers who have restrictions on investment choices set by market price per share.     For example, any fund manager that is prohibited from holding shares which trade under $3 or $2 etc, who have had not choice other than to dump their LRE holdings once those thresholds were crossed.

As has been stated elsewhere - its a perfect storm.     Storms are nasty, but they dont last long.   The bigger the storm, the harder it is to maintain.

ps, anyone who feels the need to say ...........I told you so........is probably not very promenent among his peer group.

I told you so, don't need to be prominent - just knew it was the next series of steps and warned of it - go back to my comments, I dare you say that it what I said it would are incorrect that is happening before your eyes.

You guys wanted some sort of "insider" info/thinking -  I gave you guys a preview weeks ago and its right before your eyes - can't believe it? then believe more of it will come.  

ignore me at your own peril - you can't ignore the fact that your portfolio is likely a lot worse and will get worse for the next few days or so and you have to tell your wife and that's what's really worrying you.