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FX Energy, Inc. Message Board

  • stockexpertpro stockexpertpro Jul 10, 2013 9:36 AM Flag

    THIS STOCK SHOULD BE TRADING UNDER 1$ A SHARE

     

    Its fundamentals suck big time!!!! Earnings ha no earnings to speak of nothing but massive losses lots of debt huge intrest payments over 610,000$ every qrt in intrest payments that comes out to something like 283$ a hour every hour just to make the intrest payments on their debt

    they are drilling holes into the ground and getting water

    the place in poland where they are drilling has had no major oil or natural gas finds since the 1950s polands oil and natural gas production are both in steep declines

    poor management

    cash flow negative

    stock trading over 3 times book value

    no earnings huge losses

    should be trading way closer to book value given its massive losses

    Sentiment: Strong Sell

    This topic is deleted.
 
FXEN
1.150.00(0.00%)Dec 31 4:00 PMEST