GREY:LSTMF - Post by User
Comment by
DocMaillouxon Jun 07, 2016 9:06pm
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Post# 24944313
RE:RE:RE:RE:One word to describe this company
RE:RE:RE:RE:One word to describe this companyHey Buddy relax First off the stock hit .48 when oil was way below 50$ , which was when they announced Q1 and got upgraded.
The descent started when rumors were swirling about the loc redetermination obviously it was known and probably leaked considering the orderly destruction, daily ask wall, and constant bashing since then ,
Now I I understand there is a credit crisis but the oil market profile is a lot brighter
, at 65 $ Canadian ( 50.45$ wti X 1.28 conversion rate ) a barrel this company is worth .96 cents a share : 26 000 X 65 000 = 1690 000 000 - debt of 1500 000 000 = 190 000 000/ 198 000 000 shares is .96 cents I'm not even counting prime land acreage and future price curve .
on a P2 valuation LTS is worth 1.20 today .... Alright get it buddy I ain't lying but your bashing it's clear as day .
When and if they get out of the credit crisis this stock will go up , can we agree on this ??