Replies to post #2457 on Camber Energy Inc (CEI)

[stockpicker1]

Very true. Shorts really trying hard to putting fake asks up

[VortMax]

it looks to me that they sold 100 producing wells that did $7M rev last 12 months, and are left with about 50 well bores to bring online.

Would think they can get up to $3M or so in rev. But, those guys wouldn't have assumed the $36M in debt unless they thought energy prices were going to rise, hoping the $7M in rev they acquired turns into $10M or more annually. Have to figure a solid $4M or $5M rev company here