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ATCrunch

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ATCrunch

Re: Lazarus post# 43

Wednesday, 10/30/2019 11:26:20 AM

Wednesday, October 30, 2019 11:26:20 AM

Post# of 52
Oil should be in a sideways/downward trend from here. The thesis hasn't changed. I dont think oil will be at $70 in the foreseeable future. They arent IPOing Saudi aramco because its the bottom of the market. They want out. As for Spindle top. Revenue has dropped from 13 million to 6 annually.

You have to realize that this is a extremely small company. Even though the management is good, they have very little resources to work with and its growth prospects are meek at best.
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