RE:Love this boardRedfoxy wrote: to all the pumpers who rationalize how great management is and what a wonderful job they are doing, to the "explainers" who say, "no, you wont see a rise in cpg just because price of oil goes up as most of the production is hedged and so minimal impact on share price" and to others who are offended by anyone else who has anything to question of management...now how do you explain this under $5 canadian share price?
of course one or two idiots will say, "ignore" this guy, and so be it but still does not change the fundamental that this is dead money. Of course there is a huge upside if they can ever get their acct together.
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Simply put the shorts walked this down.... and the margin limit changes under $5 so anyone on margin and since this was 5.50 close to $6 I am betting alot went on margin and are not gettting calls .. so it takes a day or two to clean this up... and for the shorts to scoop and cover.... here is where management can help .. start a heavy NCIB .. but I am pne of those that have stated for some time that changes need to happen inside this old group of old boys club