Long Run Explor Ltd Ord WFREF

Insider support

[smallcapstocker]

With such strong insider support I am a buying. I like to see management with skin in the game and have the conviction to step up and buy their talk. Not saying they are ever good historically at calling bottoms but I believe it eliminates some serious fundamental speculation. I will roll the dice if they are willing. Simple

[UppersDowners]

I have seen insider buying in many oil companies that have blown past where the insider buying has taken place. A person would think management knows what they are doing for sure. I want to average down further but hate throwing good money after bad until I hear something for the big boys of the company. Or are they going to be silent? After a beating like this they had better say something. It is

[smallcapstocker]

I don't disagree. Just feels like the facts scream overcome the fear and hopefully be rewarded for making a more than reasonable bet. Or wait till we shoot up and follow the crowd then

[diesel80]

All depends on whether you are an investor or speculator. Speculators are causing all these wild swings in oil and oil/gas/oil service stocks. As an investor who thinks LRE can ride this low oil price out I will sit and wait. Bought another 3k shares today and I am ok if they cancel their dividend to conserve cash. I went through this with coal back in 2008. I took a beating on a couple of my coal