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re: Could this be the next big play? (RECAF)
Posted on 7/19/21 at 9:42 am to Ballstein32
Posted on 7/19/21 at 9:42 am to Ballstein32
How’s everyone feeling still about RECAF?
I bought in at 10/share. Seeing 7 bothers me a bit but I’m not heavily invested to need to worry if it tanks.
I bought in at 10/share. Seeing 7 bothers me a bit but I’m not heavily invested to need to worry if it tanks.
2
Posted on 7/19/21 at 11:23 am to StringedInstruments
I sold the majority at 8.20.
Posted on 7/20/21 at 1:56 am to StringedInstruments
It's been on a steady decline since we hit the high a few weeks ago. It's definitely a crap shot.
I'm waiting until they release all the results from the test wells (they've drilled 2 of 3 as of now) and they're about to start 2D seismic readings and a whole mess of other shite they've started or about to start.
I've said it before but I think in August or maybe September it's gonna hit big (with verified huge oil reserves and commercially viable) or they're gonna find nothing and the stock tanks. My guess is this is a lottery ticket but I've been wrong before (RIDE) sooooooo.....your call.
But if it's no money that's not really needed right now why not just hold the stock for awhile and see what happens
I'm waiting until they release all the results from the test wells (they've drilled 2 of 3 as of now) and they're about to start 2D seismic readings and a whole mess of other shite they've started or about to start.
I've said it before but I think in August or maybe September it's gonna hit big (with verified huge oil reserves and commercially viable) or they're gonna find nothing and the stock tanks. My guess is this is a lottery ticket but I've been wrong before (RIDE) sooooooo.....your call.
But if it's no money that's not really needed right now why not just hold the stock for awhile and see what happens
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