Could anyone please explain to a newby how the dividends work? Do they work on PVA stock, or is it on a stock with a different ticker symbol? Thanks in advance.
For the sake of learning something, can you explain why an increase in the price of corporate bonds would indicate a potential merger?
you can see this from the balance sheet.. lol. and they explained their debt on the conference call.
carry bloated debt loads to finance their drilling operations that look “oversized and unsustainable” at lower oil prices, Debtwire analysts
Bennu Oil & Gas
Black Elk Energy
Forbes Energy Services*
Try an obvious short squeeze and data showing book value at $15 dollars a share with prime property. I am hoping for another major pull back to add, but doubtful unless year end tax selling takes over.
Sentiment: Strong Buy
Bottom support was mid $4's. Looks like the next support level is going to be the high $8's to low $9's. If it breaks through $10, the next level is near $12. These support levels are critical especially if this is truly oversold. The stock is on the verge of going black for the first time ever. The hedging will dramatically reduce the short term impact of lower oil pricing. From a BV perspective, going black often results in market pricing near BV or slightly above it. Shorts have taken their profits in the oil biz and it appears they may be on the long once again. Double digits are highly likely by the end of January for PVA.
It's looking like a nice inverted H&S formation. Looking forward to the next few weeks.
You might as well copy and paste your statement, you'll be using it quite a bit on the way up.