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You know it is tough when 20% is tops
Any time 20% gets top pick you know times are tough in the market. I still love INT but I know that any talk of seperation "Ortsbo" is bad for any company because of the unknown' what investors want more than anything is some kind of stability and INT is refussing to offer that right now and that is what is killing their forward momentum. They could really do themselves (and investors who got them this far) a favour by simply declairing that: all is well within the company and that ORTSBO is a family member and is here to stay. We could all take a sigh of releaf and watch the stock climb out of the rough and on to the green. All they have to do is look a LuLu (which has been my best pick ever since the early 2,000's.) I like ORTSBO and I am becoming a fan of INT but "Really" can't they do anything to help themselfs. I also love IMX and TOU (Tourmaline Oil Corp) when your research it - unless they shoot themselves in the foot or (feet) like INT loves to do! TOU has nowhere to go but up. they have been quiet - steady and show a lot of potential. Gas is here to stay for a long time.
come-on INT get it together- and go through the roof? (LIke the good little stock that you are)
BRAY
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Re: You know it is tough when 20% is tops
It appears that everything is simply being draged down right now regardless of it's sector. There is a sea of red on the ticker , so I'm hoping this recent buying opp for INT is truly that. I think the acquisition should be a good long term one, but right now what the market needs to see from the guys at INT is stability and clearity of vision. That's what took companies like Lulu and Google to the top and they have managed to stay there for quiet awhile, although all seem to be caught in this latest round of market nerviousness. Summer is always slower, but like you said, let's hope they are prepairing some new and exciting press releases at INT as we speak.
All the best to you this summer - I hope it remains a little active in the markets, although it is tough to keep an eye on thnigs when you're in the lake.
Bray
B.H.Luft
Re: You know it is tough when 20% is tops
Hi Bray,
I don't want Ortsbo separated either and I think, hope, that they've moved away from that. It looks like they have, as they appear to be integrating all of their subs and new acquisitions so that they all work together as one. You are so right though, the market does not like uncertainty and does not appear to recognize the synergy here. Looks like the market is interpreting the DealFrenzy acquisition as the company going in several directions instead. Maybe David and Mark will come out with some press releases speaking to this.
All best,
Ana