Re: Smoke & Mirrors - debt reduction tactics Exactly. Bottom line they liquidated assets. Shell
game. Based on the borrowing base and the amount drawn
on its revolver, at September 30, 2009 the company
had $35.0... Business & Finance > Investments > Stocks (A to Z) > Stocks R > RAM Energy Resources, Inc. (RAME)
RAME stair-stepping is par for the course. Most energy stocks started an upward trend mid-August.
The bad thing about RAME is that it is unjustified.
Too much debt to overcome at less than $100/barrel
oil price. Watch and see. More... Business & Finance > Investments > Stocks (A to Z) > Stocks R > RAM Energy Resources, Inc. (RAME)