Supurva Healthcare Group Inc (SPRV)

[Big Mur]

I agree that WRNW will be a nice investment (obviously, or I wouldn't have money in it.) I also agree there will be fluxuations.
When Well Renewal's focus was more in working the wells, and producing oil, it was much easier to do DD, and find tangible evidence of their activities, even if they didn't spell it all out for us. With the change in focus, it has become harder to do any substantive DD. There's not as much physical infrastructure, and not as many agencies out there tracking activities like there are in the production part of the industry. Plus, this change of focus is still fresh. It's going to take time for documentation to work it's way into "the system" where we can get to it. It's going to take time for plans to be executed and finalized. It's going to take time for information to build up to the point where it can really paint a clear big picture.
We'd all like it to go right back to recent highs, but I think it is going to take a bit of time. I think the new focus was the right decision. And while it may have killed the short run for now, I'd much rather have that happen, then for them to have made the change after 6 more months (or more) of climbing based on well production, etc... and THEN kill it. Waiting would have only made it worse (except perhaps for some flippers and day traders.)
Prices will be back, and far better, IMO once the new focus plays out a while. LOIs completed and deals finalized, etc will all help.
I'm still in. Nothing to give me reason not to be, unless I get impatient... but that would be my fault, not the company's.