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Re: fung_derf post# 1009

Tuesday, 11/12/2019 6:17:24 AM

Tuesday, November 12, 2019 6:17:24 AM

Post# of 1492
fung_derf, I believe there is some big money on the sidelines waiting
for the official direction TPL will take. Once that is known I believe
the stock will begin to move higher. Sadly, I don't know if TPL management
understands how to communicate with and how to treat small shareholders.
Whether or not shareholder relations will be genuinely helpful or none-
existent will be key. Management has done damage in this regard and
if and how it is repaired is important. If management repairs the
damage and operates in a transparent manner the value of the company
should trade at a higher level, preventing what might be a low valuation
which could attract opportunistic takeover interest. In an extreme
market meltdown I think $450-$520 is absolute downside...and "if" that
were to come it would be short lived...otherwise I think we go back to
$900. Maybe a stock-split gets TPL there sooner.
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