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Lone Pine Resources Inc. Message Board

  • plfblue7 plfblue7 Jul 30, 2013 11:05 AM Flag

    My Take on LPR

    The lenders obviously do not want bankruptcy that's why the extension. Management is hoping for
    some buyers to appear. The new CEO was brought in to liquidate this company and cares less
    if it is a viable concern. The money to be made for him and the current management staff will be
    out of bankruptcy with a new set of stockholders to bid up their new issued options. And there goes
    the story of why the writing on the wall was obvious on the conference call and the stock has went
    into a toilet swirl. Over 50% odds of Bankruptcy and growing each day. Last post..good luck.

 

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