Veren Inc T.VRN

missing out ...

[Frank007]

by bi tt  ch ing ....      this is going to $4.60 today and  ..... $ 5.60  within  the next  2 weeks ... my call   but right so fare  ..... pay down the debt dayle and this will be debr free  in 2 years and  1 / 1  by next summer ....  probably a  12 to 15 then .... now you guys do the math what kind of return on investment that is ....lol

[Redfoxy]

FRANK- as you seem to be good with numbers, please calculate my return on a $42 per share inv estment some 10 years ago and now at $4 and change.  Assume inflation or discount rate of 3% and ignore using the capital losses to offset gains. Doesnt look so great eh? Lousy management and not sure anyone lost their job over this time period.

[Moemoney42]

Although that certainly doesn't look so great... I think it says just as much about your investing style as managements so called blunders.. just sayin.. not looking to start a fight.. :-/

[Redfoxy]

MOE - not wanting a fight but this stock was highly recommended by TDWaterhouse at the time and it forms part of a managed portfolio.  At the time they were paying a really nice (if I recall about a 8% dividend) and things were all good. So bad investment- a disaster after the fact. would I do things differently now...yes, check out management first and then invest So not such a great

[Moernoney42]

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