The investors buying in now don't need luck - but the shorters sure as hell do.
In fact the overwhelming majority on here criticising management are the daytraders who bought in too early, investors who sold at a loss, or the regular shorters. For long term investors, the recent pullback ought to be of no significance at all.
I have been watching this stock closely over a number of years, but was never a buyer - until now.
As for the debt deal that fell apart, blame the oil price collapse - not management. And get over it.
The talk of asset sales by management seems like it won't be needed, but every oil company panicked when oil prices went negative.
A new debt deal will happen due to a massive recovery in oil. A takeover or merger is also highly plausible.
There is massive upside to this stock, but if you buy the garbage commentary flooding this forum via heavily biased and/or bitter individuals, you'll miss the boat entirely.
As for management, I fully support them and wish them the best in these challenging times.
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Last
50.0¢ |
Change
0.000(0.00%) |
Mkt cap ! $46.20M |
Open | High | Low | Value | Volume |
49.5¢ | 50.0¢ | 49.5¢ | $43.20K | 86.49K |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
1 | 21776 | 50.0¢ |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
50.5¢ | 94070 | 2 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
1 | 33702 | 0.495 |
1 | 99999 | 0.490 |
2 | 104597 | 0.485 |
3 | 160000 | 0.480 |
1 | 100000 | 0.475 |
Price($) | Vol. | No. |
---|---|---|
0.505 | 94070 | 2 |
0.510 | 200000 | 2 |
0.515 | 120000 | 2 |
0.520 | 335203 | 4 |
0.525 | 118000 | 2 |
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