Yep, I'd say that's a fair way to look at it. Things are going well and will hopefully continue. But LMB certainly turned around in a crazy way at the last minute. They seemed like a lock for their next earnings report at the time, and I still can't figure out what happened there.
And now, with an administration that has made totally insane decisions to get us into this energy crisis, it's quite possible the govt will make further knucklehead moves. Stress and excitement; anything's possible.
Heck, the company could get bought out tomorrow for $45 per share, and the buyer agrees to buy out the warrant holders too at $3 per warrant. It's possible. I don't think any of us would have a problem with that! We'd have party hats all around!
Or we might wake up tomorrow and the govt has declared under some emergency power that no business in the country can charge more than $3.75 a gallon for gasoline and natural gas price is now fixed at $5 or $6, and all sorts of unintended consequences break loose within the energy industry and the economy
The govt had no right to lock people in their homes shut down small businesses and bankrupt them. But they did it. If you look at what we've just lived thru, I would have told you that was impossible.
AI
