Post by
sevez on Mar 08, 2009 7:23pm
Debt
This company has a debt problem. That's why the share price is sliding down while many others have formed a base or are slowly climbing. Could get ugly if gas prices don't come up soon.
Comment by
Capharnaum on Mar 09, 2009 1:18am
Why do you say Vero has a debt problem? Their only debt is a line of credit and they are far from their borrowing limit. As long as it is not called, I don't see a problem with it. Their cost of operation is low, so even at depressed prices they still have a positive cashflow.
Comment by
fdfd55 on Mar 09, 2009 8:05am
It is possible that maybe there was a leak that it WILL BE CALLED.That is why it broke to new lows.I saw it with Oilexco in October.This is just a guess though.I am not trying to scare anyone.