Parex Resources Inc T.PXT

Not good - very worried here

[NikoDoughski]

Rolled most of my Crew winnings into this. Trusted management. Looks like I got it wrong.

Could see a 20% decline tomorrow or worse off that update. Not sure if a buying op.

Anybody else got a view?
 

~ Doughski

[ol_griz]

That is a pretty dreadful report.  Big dump tomorrow, warranted or not.  Is it a blessing that we haven't even heard from the "it's baked in" crowd?

[NikoDoughski]

Never gonna take advice from Calvin Froege guy on Twitter again

[Yanner911]

Just looked at that guy twitter wtf. He is a lunatic lmao. Some of his twit are wild. 

[NikoDoughski]

actually i talked to a colombian expert last night. he thinks parex is a buy and plans to buy the dip. has over 20 years of geology experience based out of latam. folks, ignore my first buy. any red here is going to be a buying opportunity. top tier management team that knows how to buyback shares. a sell off gives 'em the opp to buy on the cheap and enrich us for the long-term while we get

[Lupuslupus]

A "Colombian expert"? hahhaahha is he an expert in Colombians, the people? The country? The drug trade? hahahaha im plunking down a huge wad, thanks to the expert

[NikoDoughski]

Folks, I am considering a lawsuit and consulted with a lawyer today whether we can find any dirt on the Parex team. Will keep ya'll up to date as the situation evolves. Totally shady but assets are still going to asset and they produce gobs of free cash flow. Ninepoint is even long as they know this is a good play with rock bottom management. Folks, I doubled down today as the RSI became

[Yanner911]

If they are able to find oil its a 40$+ per share if they can't its going to 0$ in the next 3 years.