Comment by
famar on Aug 12, 2019 6:45pm
Definitely something is about to break. The market activities over the past few days most definitely says lock and load. Hostile takeout or company indicates to shareholders blue skies ahead....prepare for take off. Captain Tom to ground control. GLTA....fmb
Comment by
cashmoney88 on Aug 13, 2019 3:16pm
Crazy volume! News after the Bell! Could be interesting!
Comment by
hrgoyal on Aug 13, 2019 5:09pm
No new info from conference call. Same old. Only one question from one analyst. EL is takeover target, that is for sure. Will the offer will be in teens ot twenties or higher, that is the question.
Comment by
yixter on Aug 13, 2019 5:12pm
Patterson will never let it go in the teens. I am thinking .20s-.30s or higher.
Comment by
traderguy5000 on Aug 13, 2019 6:22pm
The CC did mention EL was expected to be cash flow positive in early 2020, partly due to cost cutting. I'm waiting for sales to grow significantly. $1M per quarter is quite paltry. Show me the money!
Comment by
famar on Aug 13, 2019 10:14pm
Listened a bit until I was interrupted in my office and had to shut the speaker phone off during the first caller. Yes nothing new than what I read about. Two things I have a big suspicion on....(1) attract a buyer with deep pocket (2) raise cash for new developments. Glta...fmb