RE:RE:Oil and gas up over 10%, PIPE down 20%Now 59%. If you sold PIPE on July 31 and bought NVA (the closest comparable IMO), and sold NVA today and bought PIPE, you'd have 59% more PIPE shares. 37% loss in 2 months. Meanwhile oil is $90 (WTI)...
The destruction of value in this deal to date is something else. Hopefully it corrects itself otherwise, it gives a very bad reputation to all parties involved.
PS - bought back in @ $1.95.