Ride out the Storm a little longer ATH, you can do it. Whether this company is bought out or not, it has excellent resources under the ground. Its stockprice may suffer, they may fire everyone in upper management, but that oil and those reserves will still be sitting there. I think this is a way undervalued stock. Excellent price for a long-term holder.
Those who bought 8+ It seems unlikely that they may get their money back before an offer comes in from someone looking for a steal. Or may just have to wait 5 years to be above water. Great time to average down though, If i had more money Aug 14? I think it was when we had the correction it would have been even better. Id rather not trade for pennies, and I certainly don't have the balls to short. Im on the fence to bring my COS profits over here, I like LTS too.
Can they ride out the storm a little longer, of course they can. I think its a little foggy how people on this forum perceive how-much oil they will flow a day, but I think tis pretty clear in their NR. Maybe some folks on this forum can pull together a little better.
If it comes back down to 1.50 Ill be back.
Not that anyone should care, jsut my thoughts coming onto the screen.