Worthington Energy, Inc. (fka WGASQ)

[big gains1988]

There's no shame in playing a turnaround story here.
Regardless of all the fridge buzz on this post board.
The company is a turd pretty much, but
IT IS PRICED ACCORDINGLY.
That's why I think it's hilarious that all the nay-sayers talk
so much smack about it.
Was it ran absolutely horribly in the past? Yep.
Is there reason to believe it may be run better in the future? I think so.
Also, blah blah toxic debt. blah blah dilution.
1. Toxic debt - seems to me those debt holders might like to get paid back someday? Wonder if they are rooting for WGAS???
2. Dilution. This drum has been beaten to hell honestly. Has it taken place in the past? Absolutely. Will it continue? 4 posters that contribute little else to society would spend their lives trolling for yes. However, given Adams is a shareholder now 70 million common at .0024 I think he has incentive to stop that.
Other issue - Too many scumbags like me keep scooping up low 0012-0014s and dumping them in the upper 0018-0022 range.
Manipulating the price. MM are doing it too.
They can rip me all they want, but playing the turnaround story is a legitimate strategy.
Brad Phd