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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

Comment by 99999goldon Dec 09, 2014 12:12pm
203 Views
Post# 23210829

RE:Well Baytex slashed there dividend by 60% stock is up

RE:Well Baytex slashed there dividend by 60% stock is up
barneyj44 wrote:
6% as I type this, maybe not all doom and gloom like fools gold predicts.


read my comments but let reiterate - when LRE eliminate the dividend it'll bump by 15-20% from when they announce it but it'll be short live, the underlying commodity still needs to trade higher. 

you're touting a 6% bump today while it has lost by how much? did you buy it then on where it was prior to the 6% bump? 

BTE and all other oil/energy will trade down by another 15% between now end dec 24 - buy it thereafter. 






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