Low volume on LTS - BUY NOW before it's too late! Don't wait for volume to run after this one.
https://quotes.wsj.com/CA/LTS/financials Look at the quarter to quarter changed in revenues. Q1 was good considering that's when we say insane $30 oil! We are heading to $80 oil with the top oil producing contry declaring the glut was over. Inventories are just levelling off right now.
For LTS:
Book value of $2.40 per share!!!
Assets between $2.5-3.8 BILLION DOLLARS!!!!
Market cap of less than $36 Million Canadian or $28M USD (microcap/ventures class)
Cash flow per share at 7 cents per quarter (for nasty Q1) on a sub 20 cents stock!!!
So easy to make money on these irrational market. Buy when everyone else has given up and HANG ON!
Management is doing all the right moves here. They got whacked like most oil companies and investors last year because of the massive short attack on resources and energy (TCK.B was the #1 Canadian shorted stock and it's done a 5x in less than 6 months!)
Look at Penn West. I was one of the few guys on that one saying "no brainer 80 cents", it's doubled in a few weeks. That's how you make money people. A few people loaded up on the cheapees 19 cents and the bids are moving up. Biggest bids at at 18 and 18.5 cents