Osage Exploration and Development Inc (OEDVQ)

[youcantrustme]

OEDV is a stock for the losers, for sure.

it has performed like crap in the last few months, doesn't always mean the company itself is automatically crap.

All it has done is go straight down,

Yes, it has been falling hard from the $1.30 region.

New investors should steer clear of buying, perhaps at all, even if/when oil hits $40/barrel. OEDV has no interest in rewarding shareholders at this point.

How would a small cap reward shareholders at this stage of a company? Please don't say dividend. You're buying the potential for them making it big time; so far they have drilled well and had great well results. Debt is high but the potential is there. They have good acreage right in the middle of the big oil players.

There is no awareness being generated and there are never any forward-looking statements for us to chew on.

Not true, their announcements often include forward looking statements; the last example was the wells that they are prepping and planning to drill and the estimated exit rate at the end of the year. Would we like updates more frequently? Sure, if there's something to tell. Fluff PRs are usually a bad sign so I don't mind not getting those.

Until something changes, this could be heading even further south, as indicated by new weekly and intra-day lows. Not crying, just warning.

With oil prices so low, this will be a tough time for smaller guys.