adjusted net income .05 vs estimated income of .013 . 24 million in earnings, vs last quarter neg 19 mil
the stock was up 27 cents after hours.
lets hope she holds.
they talked about their probable reserves increasing 600 %.
i tell you, the only thing that is scary is all the money they are spending on drilling.
Its a ton of money. a lot of tons. and a lot of it is at places other than lindberg.
perhaps tommorrow we'll be at my lowest purchase price.
so then i'll be losing a ton of money, instead of tons of money.
but things look good. and barring some kind of down day, we'll be sitting pretty, and maybe squeezing some shorts.
additonal thought, did anyone see all the china air polltution a week ago. they gave everyone off for a while, to help clean it. they were goijg to ban babeque grills. now susan li said some of that was from massive fireworks from their new year celebration. but i goota think china is going to be forgoing coal, and moving to nat gas faster.
plus nat gas inventories were down again. 12% lower than last year, and lower than last week. of course things will gradually warm up, but we could see some price stability for a while.