Post by
Moremoney4u on Jul 09, 2022 6:42am
Company still making money
Eric, does not panic at a stlight drop. Besides the volume would indicate this. Company still is producing oil, very prolific area, lots of drilling options. They Must deploy this Cash very soon, the terms need to be fulfilled in two years. Drill, drill get the cash coming in. This dip is ok, get some at low price. It will bounce around for a while. Mgmt. is Extremely competent. It’s a longer term hold, 6 - 9 months, but the results will be 1.50 $$$ plus, plus.
The target price is 1.35 . The next two Qrts. Will be Stunning. Market will take notice, the price of Oil is in the 105.00 range and ALL Large fund Managers still say the same thing , THE SUPPLY CANNOT MEET DEMAND, for years to come. This is a Once in a lifetime GIFT. LOAD UP the truck. TVE, BTE, ATH all of these will benefit. Happy Capitalism.
Comment by
diceslinger on Jul 09, 2022 6:43pm
Pretty sure that Eric's shares had a four month hold on them so he cannot sell