Looking for OpinionsMyHoneyPot, it is obvious that you are very passionate about Investing and you are eager to pass on your knowledge, for which I thank you.
I have 18,412 shares of VET currently, at an average cost of $15.1825. I’m not overly alarmed at the present price for I have been collecting Premiums from Covered Calls and collecting the quarterly Dividends for the past 18months.
There are several red flags that I have noticed for which I like your opinion. VET’s last four earnings have been very erratic with no consistency or trend. This gives me the impression that the management has lost control of the operation. It is also my opinion that the company is operating on too many fronts and in too many countries. Does VET need to consolidate and refocus?
You, claim that VET is a more investible company than ARX. Is there a possibility that ARX could purchase VET?
Considering where the Oil price is currently ($67.02), VET is trading at a premium price, fully realizing that NG pricing in Europe is the driving force.
What are your expectations for the share price for January & February?
I value your opinion. Thank you,
TTFN