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Lightstream Resources (LTS-T (Delisted) opinion on 2012-11-12

Last Price Recorded: 0.1150 on 2016-10-26

ON STOCKCHASE SINCE Oct 2009

oil/gas
BUY

Eric Nuttall
Lightstream Resources was $12.260 at time of opinion
Owned : No

He has gone in and out of it.  Have a very aggressive spending plan to the end of the year to meet their exit guidance.  It is essentially a slam dunk.  Dividend yield is about 7%, which some people are mildly concerned about.  But they will never cut their dividend.  Company has done a good job of deleveraging the balance sheet.  Good long term hold or short term trade.

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All opinions for LTS-T (Delisted (189)

24 BUY
6 BUY on WEAKNESS
44 COMMENT
43 DON'T BUY
26 HOLD
6 PAST TOP PICK
17 SELL
2 SELL ON STRENGTH
2 STRONG BUY
6 TOP PICK
6 WAIT
4 WATCH
3 WEAK BUY
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All opinions for LTS-T (Delisted (189)

24 BUY
6 BUY on WEAKNESS
44 COMMENT
43 DON'T BUY
26 HOLD
6 PAST TOP PICK
17 SELL
2 SELL ON STRENGTH
2 STRONG BUY
6 TOP PICK
6 WAIT
4 WATCH
3 WEAK BUY
View All

More experts covering LTS-T (Delisted

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1 Comment

petersirie

December 17th 2012 at 3:44pm

I'm wondering what you think of Petrobakken. It seems you really hated the name a year ago but now seem to be bullish. Was the asset sale to CPG the catalyst for you're change of heart? The stock seems to be under severe pressure, trading today at 10.24. Is it a buy here or is there further downside risk? Would you just add to a CPG position instead? I'm already heavily weighted CPG.


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