Post by
poubelle1 on Oct 06, 2014 11:08am
A Mutual Fund Dumping
Feels like it. The oil stocks are getting killed. If redemptions are flying in, then the manager has to sell.
And I thought buying at 4.4 was a good idea.... arggggg
Comment by
PANTHERSunite on Oct 06, 2014 11:17am
Does not look Good!!! Seems that LRE is going to new lows. Will Long Run Exploration release some news and indicate whether or not the Dividend is staying unchanged. This seems to be a key concern here. The future of the company and the sector is probably decent, but this selloff presents uncertainty.
Comment by
barneyj44 on Oct 06, 2014 11:21am
This stock has been a poor investment from the get go for me, I thought the dividend would put a bit of a floor on the share price, (boy was I wrong), our numbers are good compared to our peers, I guess it must be a management thing.
Comment by
farco on Oct 06, 2014 12:35pm
This selloff represent irrationality, and don't tell me about efficient Markets hahah.
Comment by
farco on Oct 06, 2014 12:34pm
Mutual funds are like many individual in the crowd, they follow the fear.