RE: Significantly Undervalued ‼️‼️Today 18:20
Hi scot.
i think so much of what you have said today makes great sense.
sadly forums like this allows pretend longs,shorts and conspiracy theorists to promote what ever distraction they can muster.
As the share price rises they all appear in their droves and are unable to hide their obvious sinister motives.
unfo there are bad actors out there and they are obvious for us all to see and they hate being called out because in their arrogance they believe they are fooling us.
however i will disagree with you on one front.
whilst i too would like to see other management buy some stock,i think you are expecting too much.
in my experience there are people who just watch the pennies and wont spend their own money no matter what.they feel invested enough by running the company and holding vested stock and stock options and thats sufficient for them.in their shoes i would be different,but i have worked alongside so many people who just struggle to part with their own cash no matter the circumstances.
are the management team tight with their cash,i dont know,but it certainly wouldnt surprise me.i have been in related oil business for many years on the independent non public side and my experience of guys who work for the majors and junior majors is that they have never made the big bucks,so what money they earn in a job stays in their own pockets.
but even if they did invest,based on todays behaviour of the pretend longs , shorts and conspiracy theorists ,these characters would just create another conspiracy theory or various distractions to say that such investment should be viewed as only negative.