SXL 50c Party, page-57

you can make money if a share price drops.........in numerous ways. Including making bets with true believers. I am a holder again now I just don't change the sentiment each time I switch teams.

I am really into the stock, I could tell you a lot about it. I am surprised there hasn't been more discussion around the CR. trading halt on March 23. the absolute bottom of the market. if they had of waited a few days and halted during the huge swing up after the low, they could of raised their $169 mil for 20c not 9c. your 50c would be a market cap of 850mil and well within reach with some positive earnings guidance. but thats more like 32c now.

I cant work out who benefitted from that decision apart from the CEO who tripled his shares @9c. Oil Search was $1.80 on March 23 and went into a trading halt 9 trading days later at $2.70. All the businesses that halted and raised on that day have recovered slower than their peers who halted after a swing or two up, the result for SXL was 1about a billion more shares than needed to be issued to raise 169 million dollars.....that can never be undone

If the Dow finishes where the futures are now (500+) we might see 0.215 tomorrow....go SXL! Sorry, Thats going to make you grumpy isn't it.