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What are you basing this on? What exactly is going on behind the scenes?
Right because in all of Israel's history, no one has thought of that yet. Not BP, Shell, or any major players have even considered that but you and this bankrupt almost non-existent company have cracked the code. "just make the hole deeper" lol you can't make this stuff up.
You won't get your loss back from this one. These guys are here to scam old religious people out of their dough.
"However, at this time we cannot comment on the commerciality or ability to successfully produce the well. We ask that our shareholders continue to pray for safe and successful drilling, logging, and testing operations, and for God's wisdom for management as we make key decisions in the following days and weeks. "
... Yeah those are some facts you've got there.
He probably bout 5,000 shares after he introduced the bill.
I'm just wondering how long do I hold this and watch yesterday's massive gain get wiped out.
Is this sinking because of Wiener's desire to take over the company?
Wow, the Chiefs win the Superbowl and now this!
What is your opinion of their financials?
Just reading what everyone else is saying on here and in the news, there's no way that's happening. I'm no financial expert but looking at their financials you can see that they're shedding liabilities like crazy. They're also obviously shedding income at the same time but the numbers show a ton of effort to swing what's left of the company in a good direction. That's my uneducated opinion. Like I said, I'm no financial expert. I don't know if they somehow become profitable again that will make the stock valuable again. I just can't see a man of Lampert's caliber bumbling into a mess like this without some sort of solid long term plan.
I may regret it but I'm going to throw more cash at it.
I can't help but feel like the federal government wouldn't allow a company this size to go tits up. Look what they've done repeatedly with GM and Chrysler.
A wise old man once told me that utilities are a safe place for your money.
I'm holding on...
Lol awesome description. I figured that was the case but I wasn't sure.
Can someone fill me in on ClayTrader and what's with all the random posts?
Here we go again...
I agree. I'm dying to know how this will end.
It seems like it should have gone to zero by now. Do you have any shares?
Is this thing going to stick at 13 today?
This is awesome news!!
And they were kind enough to put it there way back in 2014!!!
https://web.archive.org/web/20140715001641/https://www.zionoil.com/
I couldn't agree with you more. I've watched my elderly parents pour a fortune into this. I don't want to cross a line and get myself into trouble here but I feel like their religion was used to extort them.
I'm curious how long they can continue to drill dry holes when they're out of cash.
Lol I love reading your posts man!!
Watching this board makes me feel like someone slowing down to stare at a car accident. You know it's bad but you just can't resist.
I no longer own these for obvious reasons but I like reading these boards. I suppose I'm just fascinated by the whole fiasco that is Sears. It's sad to see such a major American brand crumble like Sears has. I fell like Lampert just didn't understand what the internet could do to a retail giant that didn't plan for the future.
Forgive me for being naive but I'm curious why stocks like this one move at all. Who is buying this and why?
I bet it happens next week.
That would be handy.
I should have bought more.
Is the federal government likely to just let a utility company this size go tits up? Am I missing something important?
Ok I’m new here so please don’t take this the wrong way but if you people insist on making statements like this, could you at least back the statement up with something? Anything?? Otherwise one might assume that SHLDQ will make a magical comeback. Just because. No offense, really.
I hope you’re right because I’ve got a shitload of them and they have been feeling pretty worthless.
I’m dying to know as well.
RE: Common shares can be canceled, happens all the time with bankruptcy cases, fresh new start
Forgive me for being new to this but why would Lampert do that to his own shares?