RE:RE:RE:RE:RE:RE:RE:RE:RE:RE:RE:RE:RE:RE:RE:RE:Insolvency Filings Incoming? I'm not saying anyone is wrong for seeking to invest in profitable companies. I am saying if you are invested in OG because you are betting it's going to be profitable in the next 10 years then you are not listening to what OG is saying. Read their financials. I quoted right from their last annual release. They are not pursuing profitability. They are pursuing growth and market share. That requires money, revenue. There can be no profit as every cent earned will be used as collateral to borrow more to throw at growth. This is basic business 101. Come on.
They aren't bad at communicating. You need to read their releases. You and the other poster believe something that is incorrect. That yesterday was some kind of critical day for OG. It was nothing of note. OG continues to pay the interest on the loan. No biggie. They continue on with their growth and expansion. They completed planned renos earlier than expected. Revenue will increase this past quarter because renos are done and there are less expenses now.
If you are unsure then check who is selling. The volume is light, it's small time weak hands selling. No execs or anyone from OG is selling.