president says he wants oil between 60-70 and this company is all about cash flow....well oil was at his price range...and they made crap numbers and now they need a loan...what happened to all the promised cash flow.....got 2/3rds of my holdings out without a loss but the last third i just keep seeing going down and down and down...should stabilize at .45.
I agree with 4try, that kind of cash flow at that interest rate is tremendous, lets hope LEI does something with it constructive. In a buyout i doubt a deal would be done under a 1.00 per share with the book value per share where it is at, which would leave alot of shareholders in the red but a good distance from where we are at now. Never thought we would see the .50s again with where oil is at now. Shocking.