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Lightstream Resources Ltd. LSTMF

Energy Oil & Gas E&P
"Lightstream Resources Ltd is engaged in the exploration and development of oil and natural gas in Western Canada. Its operating areas include Southeastern Saskatchewan, Central Alberta, and North-Central Alberta."


GREY:LSTMF - Post by User

Lightstream Resources Ltd.
Bullboard Posts
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(65)
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Comment by emmitton Jun 06, 2015 12:02pm
97 Views
Post# 23803681

RE:RE:RE:RE:RE:RE:RE:RE:for anyone interested...

RE:RE:RE:RE:RE:RE:RE:RE:for anyone interested...I think this board talks negatively about Wright because they are looking at the big picture and not simply used this last year as an excuse for Wright. He has destroyed shareholder values for years. When oil was over $100 Wright driving down share value. Compare his performance from 2010 to other companies and I think you will realise that Wright has provided poor leadership even during high oil price environment.  When a stock dropes drom over $30 to $1 it's not just the comodity.
 
I am not short this stock but starting to beleive in the death spiral the more I look at things.
As far as your Orlando comments, I've always enjoyed my conversations with him as he seems to see both sides of the trade. I'm just not as optimistic as he is.
I won't buy companies hoping for a takeover, hoping for 25% commodity price increase by next year etc...way too much risk in this stock for this old fella.
good luck

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