GREY:WFREF - Post by User
Comment by
bullcharton Jun 12, 2015 12:24pm
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Post# 23824757
RE:RE:RE:RE:RE:Sell all or some.......
RE:RE:RE:RE:RE:Sell all or some.......Some of you guys, really. There will never be a takeout and some comments like that. I am here to inform you every company is forsale at the right price. It may happen or it may not, it is just nice to have a number in mind in case it should happen. I have been in on two of these oils that I never thought would get bought out. But guess what, they did. Nobody want to talisman at $4-5 dollars there before Christmas. Suddenly a takeover and I doubled my money. Look at Legacy oil. In January they said it was a big loser at a 1. 63. In March it was deleted from composite. Yet Crescent point was out looking for deals despite debt. A triple on your money on that one and a double on talisman. I have no doubt LRE Will show at least a triple from it's low of $.66. Will take some patience, but I have lots of that when it comes to some of these oils at fire sales.
So unless you are a majority shareholder here, you could be wrong. But even if you're not, there is a reason we got that bottom volume on May 29 between $.71 and $.81. Shorts covering or just plain valuation, Who cares. The market will decide what the price should be.