It was well on its way and then news must have leaked on the offering,it has not been the same since and the fact that the offering did not sell out is bad from a preception stand point. It looks like a fantastic buy here to me. I sold on the first major uptrend breakdown day and have been itching to enter back in ever since. Often times when an offering happens the stock is dead money for a bit. The fundamentals are there. Oil and gas are up due to IRAQ and whatever, long term risks are obviously the market itself and energy prices,company looks well managed and run. I am still betting on inflation and more Fed buying if push comes to shove. I do not see any way out of the deficit other than inflating our way out.
Bought @ $8.36 & $8.45
My average is $8.42
Definitely flying under the radar.
I think I'm going to have to raise my price target to $12
LSTMF really undervalued and under the radar more so than BXE.
LSTMF has not performed up to expectation thus far,,,BXE just has a lot more juice.