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Bullboard - Stock Discussion Forum Longview Oil Corp LGVWF

GREY:LGVWF - Post Discussion

Longview Oil Corp > Something is up.
View:
Post by tulsatea on Jul 25, 2013 9:57am

Something is up.

Something is going on.  I have no idea what.  Maybe a takeover.
Comment by Nawaralsaadi on Jul 25, 2013 11:15am
Longview is simply too cheap compared to its peers; the move over the last 2 days was a delayed response to the rise in oil prices. The stock was held artificially low by a large seller which was positioned between $5 and $5.05, as soon as that block was cleared the stock rallied like a coil spring.   I expect LNV to move to the $7-$8 range in the next few months if they can prove that they ...more  
Comment by roscoe74 on Jul 31, 2013 11:29am
Something is down, again. I sold into the momentum but could only peddle 800 shares @ $1.38 into light volume. The remainder went @ 1.35 - 1.31. This is the second time I've traded LNV and I intend to buy my position back under $5. The two big trades attracted day traders, not investors as the volume testifies. I am inclined to consider that a good second quarter will still not move the ...more  
Comment by terroir on Jul 31, 2013 10:35pm
Thanks for your shares... The clarity that I need is to see how well the older asset is performing and how much production is being added for the current capex. A solid recycle ratio in the range of 2.0 would also help. If these numbers are solid in the Q2 report it will go a long way to building confidence in dividend sustainability. I cannot see how Advantage's stake accounts for the low ...more  
Comment by roscoe74 on Aug 01, 2013 12:03pm
You are most welcome. I got a couple of thousand back yesterday @ 4,97 and have stink bids in for the rest. I think its time to buy and hold now.
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