Longford Energy Inc V.LFD

Buying?

[oilkid]

Why are people buying this stock? The NR clearly states .10 going to the shareholder in the buyout which means this stock is well over valued. Is there something I'm missing here? in the NR.

 

Cheers

[wfc72]

Hey oilkid,   the dividend is 10 cents...the stock will still exist with cash in the bank which has some value...

[good40]

The moment this deal is approved by shareholders,  the stock drops by 10 cents.  That kind of certainty provides opportunity you don't normally find.  This is a 5 cent stock with a 10 cent dividend.  There shouldn't be anyone who would think of holding their shares after the date of approval.

[kaosblues]

Coming from you Goofy that is the kind of talk that makes me want to hold on to the bitter end. Because if you are advising to sell you can probably bet something is up.

[taxistealer]

This post has been removed in accordance with Community Policy

[oilkid]

Thank you wfc72,  

[oexel]

I hated good40 because him being right was bad for my wealth but he's been pretty spot on.  He has earned my respect.   good40: Are you long on anything interesting at the moment? I'll be dropping LFD tomorrow if we hit 18-19 cents.  Need to move my money into something else to try and recoup my losses

[hopeandaprayer]

he's not right. He never had anything good to say about any stock. What is he invested in? Nothing. He gets paid to post controversial, inflammatory stuff to drive traffic to the various boards. Don't you guys see the Stockhouse is hiring ads?