Oct. 3 at 5:00 PM
$PROP There's one or two people that keep rambling on about how bad PROP management is. It's getting really old. You need to get a life and move on. Being obnoxiously repetitive day after day is not worth anyones time reading or taking note of.
Yes PROP missed earnings because the acquisition was delayed by 3 months. So what. It's a new company that is very ambitious and has huge potential. Yes they will re-finance and no the shares will not be diluted because of the loan.
Yes the production numbers will rapidly move higher in the next quarter when they report on all the wells they have drilled and completed this year.
I have been in the oil industry for 43 years and know the complexity of the business and challenges of being involved in numerous acquisitions. Is waiting 3 to 6 months too much to ask?
The shorts are have a tremendous amount of fun but the day will come in the not too distant future where they will be the losers.