Just got back from site, with null reception. Did see what happened. Heavily disappointed, and I will take on the cheek, you can ridicule me here
I was a strong supporter for LPI over the years, as it is a world class asset. I did defend it, because I did believe in it, like many others. For whatever reason, management effectively gave this away.
My saving grace is Charlie Munger's quote "Price is what you pay, value is what you get" - did not fully understand this, until this event. My average is low 20s.
Good luck to all long-term investors, hopefully our paths cross again. I made some good friendships through LPI, hopefully those friendship will continue.