Lone Pine Resources Inc LPR

some movement to the upside finally

[gilllis]

seems LPR has found a bottom few weeks ago at below 30cts. Since then, it is inching up slowly as if the insiders know good news (or less bad news) are in the make up. This thing can pop up fast and furiously back to its estimated value of .90c.

[Ranger56]

Take a close look at what happened to the last 2 companies that the current CEO of LPR headed up. Are you aware of this? The 2 companies were Compton (CMT on TSX) which finally got sold off for pennies after he left, and more recently Molopo (MPO on AX (Autralian exchange)). Maybe you know all about this, maybe you don't... take a look at the stock chart during the time the CEO was involved

[gilllis]

sold all my posiiton today. Fed up. I had not realised this CEO had been involved in the CMT disaster. Lost a lot of money on CMT also. One chance there is money to be made in the oilfield sector these days otherwise l would have lost my shirt.

[OntarioDave]

Gillis estimates are for potential bagholders and current bagholders so they can have ears tickled...this aint going to .90 cents and at bankruptcy debt is trading at .16 cents...probably going doen more...someone has to hold the hot potatoe eventually....institutions could be pumpin and dumpin while moms buying... OntarioDave

[Ranger56]

Amen.. you have seen this before. The current CEO seems to specialize in restucturing O&G companies with unsustainable debt to near zero while taking care of debt holders as best as he can. Shades on Compton Petroleum before under his watch. What kind of a dude takes these jobs anyways. Is he not too swift and gets trapped? or is this just his specialty, they pay him to do it, its just a job