GREY:WFREF - Post by User
Post by
Reflecton May 25, 2015 2:50pm
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Post# 23761702
Why Invest in LRE!
Why Invest in LRE!
Let’s just use an example: SPE is trading above its book value with a sp in the $3.00 plus range. It produces approx. 10,000 BOE/d which they call a record production. It pays no dividend & has no real assets to grow because Renegade the former company sold off assets & yet SPE prides itself as a growth stock. SPE has to buy properties & drill & good properties cost money so they have to invest at least $500 mil or more. And yet TD etc. pump the stock. There is no money to be made in SPE. Investors are just tying up their money & getting nothing in return. There is no dividend & do your dd – there is no growth.
Another, take LTS. Mgt. there doesn’t know whether it’s coming or going changing their mind as fast as the stock market changes. No direction & no leadership & a ton of debt. Investors here hate their CEO & mgt. team & publically have stated so.
LEG is also floundering & now they got the insecurity of a proxy war by Front Four which will only result in lower share prices. The investors there to are completely dissatisfied & do not trust their leadership. Also, an accumulated ton of debt.
LRE looks very good & promising. As always, every stock has risks & rewards. In LRE case the rewards surpass the risks. You will make money off of LRE unlike SPE where your money will sit there I guess & keep the status quo. At LRE’s present sp; man – you stand to make a lot. Invest in LTS & LEG & you stand to lose because of the present environment & situations their in. LRE is stable & has good leadership & the potential to make you a lot of money. Anything under a dollar right now at LRE is a steal.
Hey; it’s your money. Do your dd & take your pick.