GREY:LSTMF - Post by User
Post by
investatbeston Apr 12, 2016 8:31pm
177 Views
Post# 24759561
Traction and possibilities for LTS
Traction and possibilities for LTSI own a small position in this company at levels slightly above where they are at now. I wanted to trade it but missed the boat on it. What kind of traction does this stock get at $42 oil? I'm not particularly concerned...I can wait if I need to (I've traded gold to cover my loss). I'd just like my money back on the trade sooner than later.
An alternate scenario I'm trying to imagine is a possible takeover down the road given how steeply this company has declined in value. Is it attractive at these prices to any company looking to take advantage of improving oil conditions? Thoughts?
I understand financially where this company is at, but it didn't stop the price from running up to 1.50ish at around $65 oil. I'm curious on various sources of input, just because!
GLTYA and DYDD