lone

lone

Postby mkarpoff » Fri Jan 11, 2019 4:48 pm

No doubt you saw the 13D filing by Lone that one outfit, CEC Group now owns 38% of the outstanding stock. I think that one entity holding that much stock is unhealthy for other stockholders, and increases the volatility. Your take?
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Re: lone

Postby dan_s » Fri Jan 11, 2019 5:02 pm

It doesn't bother me at all. None of us get to pick our fellow shareholders in a publicly traded company.
Dan Steffens
Energy Prospectus Group
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Re: lone

Postby ChuckGeb » Sat Jan 12, 2019 12:21 pm

Great when things are going great. One just needs to look at the treatment of Gastar shareholders as a cautionary warning of a concentrated position. When the going gets tough the minority shareholders should assume the forward fold position.
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Re: lone

Postby mkarpoff » Sat Jan 12, 2019 1:09 pm

...or a lowball buyout offer. I have seen that more than once.
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