Lightstream Resources Ltd. LSTMF

RE:RE:how stupid am I

[orlandofl]

PROtrading wrote:
OH no, are you one of these guys that uses a monkey and dartboard to trade??

Do some better research and you won't have buyer's remorse!

Last year as far as oil stocks go, I definitely would have done better with a dart board and monkey. I am just thinking that LTS has to get funded, but they have been pretty pathetic operating this company - even if they diluted the shares 50% offereing incentive to bond holders to give them more bonds and first in line debt behind bank credit line that someone might bite on that with oil prices up a bit?  Maybe I'm wrong, but if oil starts to recover they could see an increase in the asset value and maybe sell for higher.  They are still going to be challenged if they do get funded with declining production, but I think I want to bet on red - if it comes up black or 00 I go to nothing, if it is red then I get triple my money.  I think I am getting 3 to 1 on this and I think they'll get funded?  They do have some decent assets, but I don't think they can afford to sell any production with debt payments.  They need to keep up production and get some new funding.  Because they can put the debt first in line and only need $150M I think they can pull it off.  If not then they are even more pathetic than I thought.