I was hoping you'd spend some time disproving why you lied to all the readers on this MB when you authored...THIS???
I shorted FORD! Made 3k!! Proof?
By jeffklienfelter . 3 days ago . Permalink
Type in word, "dilemma", and "I LOVE FORD, economy sucks", in search in Ford board, if you even give a flip. I wouldn't.......
Of course "you wouldn't" & that's because YOU LIED...AGAIN!!!! & your next post offering "proof" was even a bigger LIE! Now the entire MB knows YOU'RE A LIAR (there's a big difference between "saying" a poster is a lier and "proving" a poster is a liar diapers-like I'm going to do to you...NOW!!
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Your "proof" actually proves THAT YOU LIED...AGAIN!!
They have land and supposedly have some good announcements coming in the next few weeks.
I wish I had a better handle on the Debt. Seems like they always talk about lowering it but it creeps up. I would put a #1 priority on lowering debt.
Still I like AXAS future a lot. Their capped NG wells will be icing on the cake someday. NG has been going up and companies like LNG and D will eventually improve the market to sell overseas (where NG is over $15).
Anyway, I bought 25,000 shares at $2.15 on Friday.
This stock had positive earnings in a quarter of declining oil prices. Revenue was up. The stock price is 50% of it's high from it's 52 week high. Oil prices have risen this quarter to date. What possible support could there be for it to go lower? None that I can see. To me, this stock is a buy at the current price........if not a strong buy.