It's the sound of ERF's stock price swirling down the toilet.
What will the baggies do when the bottom falls out? You know, when ERF posts heavy losses in the third and fourth quarters of this year? You know, when they realize that the SLB contract is unprofitable? You know, when they realize that without Insane Yo'mama dollars the company will be completely broke? Will they be saying "what a hoot?" I don't think so.
Last price: 28 cents and falling.
let me get this right, beebers, you are referencing a post from 2009 that came true to epic and IMHO catastrophic proportions for most of you and somehow you think it proves your point?
man oh man, delusional doesn't even start to describe it.
So i don't post over here anymore, but I decided to take a a look around this morning. And what do you know, an old thread from july 2009 is at the top of the list and i posted within the thread.
So one year ago, I said 24 months and we will all be happy....well i still have a year left on my prediction and I am sticking with it
I do think good things are in store for us, bert. I wonder how many shares you have bought as the price has stayed so low. I wish you and everyone else good luck.
If you wanna chat about erfw I am over on raging bull.
I sounded pretty sceptical in these posts, dont you agree? I held off til .032, then bought a whole $100 worth, but I am starting to suspect they survive.
I was right about ADG buyout then, but what a cloudy picture since I got out at 7.16 - you figure these out pretty well, Bert, et al - care to opine if going long on ADG at 3.3 makes sense? I freely admit a higher IQ than mine is required, and who better than a Wharton man...
YOU and Frank are changing their tune. Read their most recent posts. It couldn't be more obvious. My gut says YOU fades away (he will resurface as a pumper under another alias) and Frank will become a buyer and continue his DD but his posts will have a positive spin from this point on.
I've seen Frank on other boards (MTSXY) and it is always the same - facts presented, scrutiny with a slightly negative bias, then a bit more, etc. However, in the case of ERFW, I think he is right, as he has also been on MTSXY. BUT, you'd be foolish to think anything he saya is unbiased; it is exactly opposite and I suspect he has a monetary consideration to present info in this repeating manner.
My main problem with ERF is that in this business envoirment, they could not show a profit, short of stealing the $100 plates from US Treasury. Buy an amount you can loose all of, then check back in 24 months...