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saturn_five

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saturn_five

Re: 420man post# 180

Tuesday, 09/15/2020 6:18:46 PM

Tuesday, September 15, 2020 6:18:46 PM

Post# of 199
Can't figure out the exact terms of the reorganization; commoners (retail shareholders) will get only 1 % of new equity .... is that it ? Or, is "new equity" added to the de-valued remains of LONE ?
If commoners only get 1% of New Lone E&P (after reorganization ), wouldn't shares be crashing down to ~ .10 or .15 ?
Temporary short squeeze gives buying support ?
I'll gamble on a few .27's , so that means it will soon be .17 !$?
glta
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