GREY:QEXXF - Post by User
Post by
elgaveenoon Dec 10, 2014 5:37pm
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Post# 23217068
Share buy back
Share buy backROIguy, all you have had to do is ask a question nicely, and you would get a polite answer. I think rant and sarcasm are different. None the less, I imagine all the 500 share trades being done are part of the buy back (crappyguy123 should ask mgmt how much so far). I think you will see those that had the $0.07 shares will start to consider getting out before the new year. That's an opinion. I also think that it would be unresonable to assume that earnings will stay at $0.02/Q/Share with the drop in oil price. Even though oil it is not a large part of the weighted production, declines will need to be considered, as discused before. If you look a year in the future, what will drive the price back up if everything stays the same?
Last post for a while, GLTA.