GREY:LSTMF - Post by User
Comment by
PeterWrighton Aug 11, 2015 1:46pm
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Post# 24007605
RE:RE:RE:Who will you believe ?
RE:RE:RE:Who will you believe ?
The strategy they've had in place has taken the stock from over $30 to under $1....brutal management. He's been selling off pieces of this company for years to survive during good times. He has ruined this company unfortunately. With declines kicking in and no drilling planned, cash flow will become more of an issue going forward. The debt is crippling...I am blown away people are still suporting this stock and management team!! I still remember the fella who bought at $1.15 and was trying to talk his wife into buying as well. I hope she ignored him.
At $7.00 this was pumped as a once and a lifetime oppurtunity, same at $5 and $2....please stop buying this sinking ship people!!!