No, my posts are all 100% positive as far as my prognosis is concerned.
Just think if I was negative!
I'm 100% positive that this is worst perfoming oil company I have ever seen as far as the share price concered after signing a JV that is worth anywhere from 2 1/2 to 3 times its ,market cap.
Now that JV is worth 5 times the market cap!!
I'm also 100% positive that the share price has now lost 15.5 cents since signing that JV or 42% of its value. I am also 100% positive that in order to get back to that lofty price of 37 cents per share that ELK shares will have to increase by some 72%.
I'm also 100% positive that there aren't many happy ELK shareholders out there either.
And finally I'm 100% positive that while ELK slowly runs out of cash and the share price sinks the company insiders, the managers, BOD, and employees will be paid.
Now how much more positive do you want me to be?
ELK Price at posting:
21.5¢ Sentiment: LT Sell Disclosure: Held
