Management doing a good job of hurting Share price
THese blabbering dolts are kiling any value in this company. They haven't had a good quarter in years, they borrow money at higher interest rates and pay off lower interest rate loans, they're trying to expand production while not making money on their current operation. New 15 year low, lower production with higher debt and the burden to develop new oil fields will put a cash crunch on GTE. Glad I sold most of my shares after they decided to raise 300 million debt on the back of crappy numbers. I would buy some shares at 1.50 for a trade.