Why would anyone sell now? With earning two weeks away I expect the price to exceed $10.00 before earnings. I also believe KOG will be purchased or merge with a larger company within 90 days. I would like any intelligent response to this.
Earnings should be good. You can tell, the paid comment crew has arrived. No sense arguing with them, just put them on ignore. Do not even acknowledge they are present . They get paid by how many respond to them.
Production and reserve preliminaries are in. Lookin good.
What makes you believe a 10.00 share price and a merger within 90 days? I would love to see it happen but am not aware of anything that points me to believe what you say is fact! I want to hit the Lotto but that is wishful thinking.
My idea is to hold on until reserve #s come out (which is taking too long) and ride that good part of the KOG story for what it's worth(expect a 5-8% pop up) and then get before earnings. I think there might be a bit of bad news to come out of the closet because I too believe inside selling by mgt. is a bit suspicious. Taking profits after prime season is one thing ...Selling going in ???? ...Be on your toes