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Friday, June 07, 2013 11:53:09 AM
Understand this, if (and yes at this point its a risky if) LHPT continues its path to bringing wells online and succesfully taps into the North Texas Black shale and the Tuscaloosa Shale, this will be tradeing in the dollars.
And if it wasn't for the dillution and debt holders we would not be able to buy at these prices would we?
The MMs are making money by buying at 7 and selling at 11.
Day traders can do that as well or take a portion of their shares and bank it long term. The pumpers will be disappointed until the day the flood stops, then this will fly and they will be heros.
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