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Re: interloper post# 2983

Thursday, 06/09/2022 8:44:39 AM

Thursday, June 09, 2022 8:44:39 AM

Post# of 3032
At this point i am very unsure what indo is going to do. HUSA looks great chart wise. indo had a conference last night regarding their success and transition of some shares/convertible notes etc. claiming its not dilution but i think retail might get a little spooked. management. they went from a 20 mc to 100 mc and now they want to use some of their funds to continue their 100% success rate at drilling and finding oil. their land over in sumatra is massive and they are planning to drill several more wells this calendar year. its not shocking to me that they are going to use some of their profits to expand. they plan on being cash positive. as long as retail can understand that and not get lost in the noise of these documents than we should be good. also, mms could shake retail out if it crosses all support....i have a 13 average and i aint going anywhere....