CB, same on my 20 stock watch list. Earlier in the day I posted that I thought 1.25 would be the bottom. Wrong. When I saw the 1.10 bell ring, I thought "Of course, the 1.10 preferred share holders are getting out now, even at a penny profit." The only good thing about that is; IF the markets calm down, and IF LPH starts to regain some, at least the preferreds that have been selling all along should be cleaned out. Now we only have 12M warrants to hang over us :-)
CLAEf-i see 2 positive things if we want to c1lassify them "positive". 1]oil got much cheaper then a couple of weeks ago if lph should fill the new tanks. 2]very soon the EARNING PER SHARE will be higher than the actual PRICE PER SHARE. Now, would not this be sort of a soothing P/R.
I hear you CHRIS talk about irrational markets and irrational valuation for specific companies.Mad like a bull entering the arena with smoke blowing from the nostrils,i hope tomorrow OBAMA shuts the hell up,instead of exsposing his durty sheets from the white house on a public square, really lph was 7% down before his special bullettin,one thing is certain this type of rough rides surely causes vomiting. BEST LUCK FOR TOMORROW.