The post was in reference to a bottom, not the mood of the shareholders. Shareholders that held onto their positions have every right to be dismayed. I bailed at $2.20 a while back and just got back in at .40, hoping that was the bottom. Only time will tell.
I do like the way TGB is holding steady now, even on volatile down market days. Perhaps the bottom SP was in at .40 and commodities will continue to rise. Could we ever see $1.00 again?
Well if they can just make a penny each quarter their earning will be .04 for the year and that will be much better than (.26)
Looks like all their ducks got in a row and they managed to make a penny. Now we just need copper to get back to $3.50 and for all their duck to stay in a row.
This may be a stupid question but how could a company with such a gigantic debt load that is now dragging it down the oil sector toilet could have ever afforded to just a short while back pay such a huge dividend.
Wouldn't shorting TGB after the second P denial have been the way to go here!
I've said it before, nothing good ever comes from a reverse split. I could see another 50% loss in share value from a reverse. That would be a good time to short.
Delisting equation and a reverse split looms large now. It was never an issue before but I believe now it is. Anyone have any deeper thoughts on that?