Those rumors cost average joe every time. When you heard a rumors, get the hell out if you have profit, someone want to bail their large positions. There were a lot of rumors on WLT buy out since it was $50/sh, look at where WLT is now.
Agreed-with RRC growing production at 25% for years going forward and cash flow increasing at a higher percentage-$120 would be a bargain. As a Senior VP said at a recent conference-with its growth rate RRC will be producing 3bcfe a day in six years which is what Exxon, the largest domestic nat gas producer does today.