GREY:LSTMF - Post by User
Post by
chantal2468on Aug 31, 2015 7:59pm
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Post# 24066853
this stock will not be $1 until wti breaks $65
this stock will not be $1 until wti breaks $65and that's not happening this year so get that out of your thoughts...am I the only one who charts the stock price versus oil? Every day that goes by this stock needs a higher and higher oil price just to keep same share price....unless oil hits $75 before new credit negotiations in early 2017 this stock will be trading near zero....unless oil breaks $65 this stock will not go higher than 99 cents EVER again...our only hope of staying alive is an asset sale....since that is unlikely to happen I will be selling at least half my position sometime soon....I would rather salvage something than lose it all...I am sorry to have to do this but I have given up almost hope in LTS chances....I give them about a 10% chance of breaking $2 over the next 2 years....I hate to let go but when I see the salaries these executives get for ruining people's wealth makes me sick...it is almost criminal what they do