My Minimum Expectation For This StockWhen heating has started and if not too much else for a bit of time is .54 to .675 that is roughly 2 to 2.5 times my cost average rounded up .27. I am not thrilled sub .25 and the company having valued itself there with the incentive shares later trying to put a floor of .23 with the raise and the price being even less than that plus all my other beef with this company including why on Earth was there no back up parts which has led to nearly a year with 0 heat. Worst was the lack of retail regard where we most likely thought share values being torpedoed due to ongoing shorting at least i did only for Geoff to tell us a month or month and a half later the workover will start late October. Like i said he coukdnt tell us that sooner something which insiders i am fairly sure must have known. The same with when completion is to be expected that came two or so months later from January surely management had a fairly good idea about this and yet again we didnt but surly the insiders did.
I am keeping this tight on a leash with my patience for flagrent dusregards to all of us at retail growung shorter and shorter. It isnt the length of time the workover is taking per sa that has ankoyed me it is the flaggrant disregard that we should be informed and have same knowledge as insuders have to these matters however this is ideally speaking as the mahority if not all other companies big or small do the same thing. Hopefullt this is a lesson learnt to me take money at a double something and either hold build bank or buy back or buy other ahares.
Having said this $2 is my low consideration but if things go sideways on a bump and continue to into next year who knows like i said lets see where thungs are at heating and where they will hold whie waiting for other share moving news i do expect .54 to .675 although i have conservatively said the way things are going .40 to .50 seems to be the range lets see if it beats the conservative and hits at least my minimal expectation and most importantly we get heat this year i expect this month still. The company had now 3 chances to amend the q2 which it didnt!!!