Cards on the table time

Pen, I hope you don't mind me changing the thread title, but I don't like prophecies that could become self-fulfilling...

Although RFE is in a tough situation which has been compounded by drop in oil prices, (lack of) volume traded on this stock recently gives me some hope. Since the October 8 announcement regarding preferred re-finance partner, only 30M shares (6%) have been traded in total and I believe that a lot of this would have been ST trading. In that time, the average amount of daily trades has been around 1.7M which is normal for RFE during last 12 months. So, in my assessment major players haven't completely pulled the pin.

As suggested yesterday, today's Quarterly report will be a very important one. In my view it is time for RFE management to put cards on the table and let the market know how it will survive and how it will return to sustainable development.

GLTA