| That's the beauty, you don't like, you don't buy. I have a huge position in VER, at about a .12 avg. I am certainly at a profit and I clearly missed the best lows before the "pump" came as you have chosen to describe their new business plan. May not work, getting 90,00 plus new acres under a 50/50 JV ,with who we don't yet know but will find out very soon. However, given the mngmnt resumes and the future possibilities the deal brings in, I think it does work at these low prices, lw mkt cap. The future is what the market is usually pricing in, I see no reason why VER must fall backwards here. If they wanted to do a shi*ty .05 financing we would have had it already, I think VER goes to .20 or more not to your .10 , a declaration which sounds more sour toned than logically argued, which is why I put my money up and am prepared to eat the loss if I am wrong. |
