Post by
stockmarket1 on Jan 28, 2021 11:20am
WTF....
What's going on with Vermillion stock? WTF and Brent are solid and this still declines? Anyone know what the reason is for the recent decline is? I think another larger company needs to take this out and put it out of its misery. That migt be the only way getting a decent return on stock!
Management sure did a great job on destroying what was once a great company stock!! Sad.
Comment by
geemonet on Jan 28, 2021 11:24am
Who would want to buy them out? You get an offshore gas platform in Ireland, some land in Croatia, couple a wells in France, and a bunch in Canada where it costs an arm and a leg to rail it out. Nobody wants their assets or their debt so the shortest short it.
Comment by
Oldnagger on Jan 28, 2021 12:52pm
The hedge funds are probably shorting us. Wyoming may also be a (phony) cause. Q4 earnings will be spectacular .so hold on !!
Comment by
geemonet on Jan 28, 2021 1:02pm
March call options are looking like a pretty good idea. Fingers crossed.
Comment by
Commr51bkd on Jan 28, 2021 1:41pm
Maybe a dumb idea. Better to go long and have a longer time horizon. At some point the price will rise, but could be a year or more before the debt comes down enough.
Comment by
geemonet on Jan 28, 2021 1:46pm
I already lost my shirt going long with shares, time to bet my dirty undies with some calls and hope for a Hail Mary. I think the next quarterly report due sometime in early February will bump us up and I can make 400%, and hey, if not, I'll be going commando.