NO WHERE - That's what many people here seem to not understand. MHR is not the next Anadarko or Exxon or anything like it. GE and staff are building an asset base that is an attractive buyout target at a premium. There will be ups and downs and some deals won't make sense if you were trying to build an Exxon. They are not. The pipeline sale for example is something that a going concern O&G company may continue to own and operate for a decent return. HOWEVER that is not what MHR is about, it is more advantageous to secure a decent return up front, lower debt and use the cash to prove leases all the while securing capacity in a pipeline that gurantees their gas a ride to the market. These are the kind of deals that they are doing. So when Mr. Big shows up they have quality proven reserves, no or low debt and access to markets! That makes them juicy for a premium buyout!!!!! So if you think you are going to dollars cost average and reinvest dividends over the next 20 to 30 years with MHR you are in the wrong stock.
As far as the daily stock price goes of course they don't want it to tank over B.S and hype but they are also not all that worried about it at this point. When the pieces of the puzzle are all in place and it's time to sell the share price will reflect it. IMHO
Look I have punished your boys SDFOSTER MIKEBITCHBITCHOVICH almost everythime they pop up with more stupid comments. Kinda like a sport -, I call it slobber knockin, knock the slobber right outta ya so to speak.
Now post useful information or duck!!! The law suits are bs at this point and you know, these lawyers are off to the next whiff of smoke. So jump on board the long train with us or just go away, no time for BS shorties anymore.....
Sentiment: Strong Buy
There is a pretty good article on seeking alpha about MHR and it's valuation. I don't totlally agree with the numbers but I think they are reasonable. If you read it and you are still short tomorrow you deserve what your about to get.....
You know I'm just gonna pass on this one, I can break it all down for you but you just cannot have a battle of wits with an unarmed man.
Hang around there may be some small short oppourtunities left if your quick, for the most part you are wasting your time if your not long... but hey it's you time waste away.