GREY:LSTMF - Post by User
Comment by
boarderex86on May 02, 2016 10:08am
266 Views
Post# 24832253
RE:Jig isn't up
RE:Jig isn't upLet's be honest here, if it was easy to come up with $121mm they wouldn't have made this press release. They would have announced that they raised $150mm and paid down the LOC.
I am very surprised that the lenders are backing out with oil having (seemingly) bottomed already. Why wouldn't they have done this last fall??
i sold at 0.24 and may place an order around 0.15. Fortunately I wasn't buying on the way down so it hasn't been a meaningful position for quite some time.
largeinvest wrote: at $45 WTI lightstream will do just fine. They can easily come up with the cash in this recovering market.