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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 > TD et al - have doubled down
View:
Post by Ahkenahmed2 on May 11, 2015 8:28am

TD et al - have doubled down

their efforts again:

Analyst Actions: Long Run Exploration Cut to Reduce Rating by TD Securities; Target Price Trimmed by $0.15

05/08/2015 1:10:15PM | Midnight Trader

01:10 PM EDT, 05/08/2015 (MT Newswires) -- Long Run Exploration (LRE.TO) gave back 2% in recent Friday trading, having been downgraded to reduce and issued a lower target price of $0.50 by TD Securities.

Previously, TD Securities had a hold investment recommendation on the oil and gas explorer, with its target price at $0.65.

LRE trades slightly above the lower end of 52-week range $0.66 - $6.09.

Price: 0.830 , Change: -0.020 , Percent Change: -2.4
-------------------------------

However, so have the Saudis:

https://www.zerohedge.com/news/2015-05-11/saudi-army-strike-force-arrives-yemen-border-preparation-land-invasion

Keep your eye on the ball.
Comment by Reflect on May 11, 2015 1:01pm
Oil & NG prices have increased; LRE mgt. has cut the dividend & reduced spending - & TD Securities lowers their rating; what a joke.   I said it before & I’ll say it again; the people at TD Securities will even eat your snot & say it taste good if they can make a dollar.  They are lowest of the low. They have no play in LRE yet are there constantly to bash it in order ...more  
Comment by rivermoney on May 11, 2015 1:48pm
I was talking to a friend of mine in Toronto who works for Sun life Financial and he said there is no reason for this to be down exept for the bashing from some institutions. They actually have had it on there radar for a while as" good potential". He feels good about this stock. What else can I tell you. You judge for yourself.
Comment by Reflect on May 11, 2015 3:57pm
Rivermoney you are right on. The snot eaters at TD securities have no play in LRE & so want to manipulate the share price. What they are doing is illegal & in the US TD has been fined numerous times but in Canada, the SEC & TSX  have no male parts & TD can shaft the small investor with impunity. The TD Securities snot eaters should be prosecuted & put in jail for their ...more  
Comment by rivermoney on May 11, 2015 4:16pm
I did not want to mention manipulation. But that is exactly what he said. But things will change. They can only go so far. THEN watch it. He said it should be at least near 2 dollars. Every company has issues with depth and other things but that's just part of the game. With ng and oil going up slowly there will be no problem for LRE.
Comment by Reflect on May 11, 2015 5:37pm
LRE is an excellent stock & that is why it is being targeted by TD Securities. What is going on behind the scenes I don't know but with Renegade - FrontFour cursed mgt. & spread the seeds of discord & then sided with TD in the takeover by a 2 bit penny stock called Alexander & we small share holders got burned severely. Notice how TD is staying away from Lightstream but is ...more  
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