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Bullboard - Stock Discussion Forum Long Run Explor Ltd Ord WFREF

"Long Run Exploration Ltd is engaged in the development, exploration and production of oil and natural gas in western Canada."

GREY:WFREF - Post Discussion

Long Run Explor Ltd Ord > We shouldn't close below 5.18 ever again, or even 5.20
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Post by ajee333 on Aug 19, 2014 5:05pm

We shouldn't close below 5.18 ever again, or even 5.20

even though the money they made was offset this quarter, the drop doesn't make sense, The dividend is nice, anaysts haven't changed their outlook on the stock. Seems like it was either a massive sell off (we did just have Crocotta acquisition, or institution) and some weak investors who are no longer with us. I hope people are in this because of the dividend, because it will reward you until we see this properly valued.
Comment by VENMan on Aug 19, 2014 10:05pm
LXE the Crocotta spin off started trading today. So I'd think investors in Crocotta wanting the dividend stayed here and any investors wanting the pure growth play went to LXE. So my guess would be that it is going to be much harder pushing LRE down a few cents everyday with stronger hands now holding more shares. $5.50 to $5.20 is not going to shake any long term investor out of his or her ...more  
Comment by bonjovi501 on Aug 20, 2014 1:34pm
I tell ya what is it going to take to get this stock moving? Even a article at Seeking Alpha did nothing today. We should be in the $6.00 range and above yet we stay in the mud. Maybe next week when we get closer to divi date we will go higher.
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