Let's hope that this will help keep some positive news in front of the retail investors....time for the next leg up!
First, sales of non-core assets and pay down of debt, then initial results of 2nd Utica well, then confirmation of YE production levels, and more contracts for transport in the pipeline.....combine that with new highs in nat gas by Jan/Feb and you will be crossing the $12 point by March 2014.....and we will be hearing about how Cramer got behind the stock and made us so much money!
The person that seems to have difficulty reading around here is YOU! You have been told and warned over and over again not to short MHR. Just buy in and sit and watch. Now your either getting killed in a short position or kicking yourself for not holding onto the shares you say you picked up in the $6's and by the way MHR is fully hedged on oil and Nat gas until the end of 2014 so the price of oil now does not really make much difference. Cramer knows that as well, he is just throwing up a smoke screen while telling people to buy. Cramer also knew the accounting issues were bs but on the slight chance GE was not telling the truth he had to cover his A.S.S on TV.