exiting last few days. can't blame them. exec/management changes are generally not a good sign. we will hear what the future holds tomorrow. my opinion
Harebrained. Would expect more from someone grasping the meaning of the word, but being distracted by Farris's haircut or wig or whatever is sitting on his head may explain your error. Come to think of it, maybe that thing on his head is a hare.
He took a finically strong company and ran it into the ground with to many hair brained purchases & high risk drilling.
From the time Mr. Plank (former CEO and original owner of the company) retired, Steven Farris lead the companies stock to under perform EVERY year he was in charge. EVERY YEAR!
He is not worried, he has his money and will live a very comfortable life.
It's just sad to see a good solid company destroyed by incompetence.
perhaps. maybe right after earnings call and guidance. with the restructure of upper execs I would expect another sell off to occur. some are not comfortable with unexpected change even though it could be a good change in the long run. personally, I think if it hits $55 you may even test the $40's at some point. my opinion.