to ST buy as IMO at the current prices SSN is a pure T/O candidate with a max 50 to 60% appreciation potential.
Too bad there isn't one for sellers as you know what that would be!!!
The only way that this company is going to survive as an independent ongoing entity is to get the share price between 10 and 12 cents a share in the short term (next couple of months).
IMO the underlying value of SSN to other companies is too great to leave it alone.
Even the company presentations point to the possibility of huge potential gains. The cash backing, numerous leases, and ORRI are all assets that reduce that risk to a possible buyer.
This is a company with a great future, but IMO the inability of the market to value it properly will result in the LT benefits being removed from current holders to another entity.
And while a 50% gain is nice, a ten bagger would be better, but given the current market sentiment towards SSN we are not going to see it.
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