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Re: seventhcircle post# 5004

Tuesday, 06/16/2020 11:08:42 AM

Tuesday, June 16, 2020 11:08:42 AM

Post# of 9540
It is amazing to me that we can both be here writing about a stock that came down from $282,031,250 per share in January, 2007, through many reverse splits and might soon close above $2 on a good day. If you don't believe it, here is a chart of the price action.

Fortunately, I didn't invest $282 MM in CEI in 2007 and hold it that long. I am merely down about 67%, and that's better than it has been recently.

The future may not be a repeat of the past, but this particular company's history is astounding. I have never seen one fall so far without going out of business. That said, their merger looks very good and energy prices are due for a comeback (and CEI is still alive and kicking). All just my opinion.

Always be on guard for misleading, deceptive or erroneous messages. I am not an investment professional. My messages are my opinion only, and are subject to change when contrary information is later relied upon. Always do your own research.