If and I say IF!!!!!!!!!!!!! They were to hire a CEO such as a Steven Farris of Apache OR a Greg Lanham of Frac Tech than I may concider picking up 10k shares or something like that but it would really take a bad #$%$ CEO to turn this mess of a company around.
But am I seeing GREEN???? That can't be possible since I know no imbecile on earth with a brain would buy this garbage.. I need to look at this again here.. My eyes must be screwed up or something.
You forgot the 4th scenario, they file chapter 11 bankruptcy which wipes out the common shareholders and only the bond holders end up with anything IF VERY MUCH AT ALL.
No it doesn't work as well as they say it does, that's how I always knew from 2 years ago this company would go under. AND IT WILL..
Take care boys.
Earning release day. That will tell the tell.. 9th is the big day for us shareholders.
Danageorge21 says (This company has good leadership right now: ),, yeah it sure does because after all the share price does reflect that right????? Lol
That is correct Joe, everyone thinks averaging down is the smart thing and maybe with a Dow 500 stock it is but not a penny stock, think about it this stock is now down 98.3% from it's high 3 years ago.. THATS INSANE. You never average down on a stock that free falls like that.
Say what you wish MItch, how in the world do you think I was able to call this company stock right over the last 2 years?? LUCK? For 2 solid years? Come on buddy ,, even your'll not that naïve. I knew exactly what was happening the entire time. You do what you want with your investment here but I can assure you it will be totally wiped out in less than 3 months from now.
You can thank me later should you finally follow my advise.
Lol!! Dude investor relations don't answer emails back, dude on here been emailing the relations department for the last 2 years and never getting a response.. I was told by Tim who was the investor relations guy when I was there that he never answers and replies to those emails because most of them are usually cry baby investors whining about the share price, that's exactly what I was told by him.. So good luck with that.
Joe you're absolutely wrong about that sir, The company stock price is the very beating heart that determines whether or not it will survive or if it will die, ongoing operations will not survive if you do I have the purse to guide you through it, gasfracs purse is now a buck.. That sir is a very small purse and therefore will limit your operations as to what you can and cannot do. There maybe one or two companies that have pulled it off over the last 30 years but it's very very few and far between and an exception to the rule. Like I said.. 3 MONTHS MAX!!! Then it's over.
I have been trading with scottrade for 14 years now and they would never allow anything shorted under 2 bucks.. IVE TRIED MANY TIMES.. They just won't allow it to happen, with other brokers WHO KNOWS but not scottrade. I sincerely doubt that it's being shorted it's just being sold off because everyone knows it's going
bankrupt soon. The company has really been gone overall since about $2.50 it's just taken this long for the investment Community to figure it out. Like me to hate me guys,,,, listen to me 1 last time for Christ sake.... ITS OVER.. ITS DONE.. THE COMPANY IS GONE..
This baby is sinking faster than even I could of imagined it would, I previously stated that six months this company would be bankrupt I'm going to change that prediction and say one more quarter ,,,,,,three months and gasfrac will be done. No fracking company ON EARTH can survive with the stock price of under a buck..
THAT IS PRETTY FUNNY.. Mr gonfish as the moderator.. Heck you might as well make me BSIMPSON the moderator and probably get better results because I would never restrict limitations on someone else's speech and their opinions like most people love to do in society . At this point point it won't really matter anyways cause the company only has I figure 6 more month at most and then it will be gone, stock price will be decimated to just pennies a share.. THEN MY JOB WILL BE COMPLETE..
That's why I said OFFICAL penny stock.. Unofficially you are correct but in actual terms of PENNY STOCK.. once you bust the buck to .99 cents. THAN ITS OFFICAL..
Who told you this would happen????????? Hummmmmmm I wonder