At close to a half billion dollar valuation with billions in debt, KWK is not even close to a bottom. I see $100 million (about $0.50/share) as a short term potential bottom and simply serves as an upside option play on nat gas. A few years out, KWK wont be around unless nat gas spikes and you can look at the supply at nat gas to get a sense of what are the chances of that happening.
Thanks BAC, price of NG going up not going to happen anytime soon! .50 I'll wait. And thanks again, BUT do u like anything long in this market?? Doesn't have to be gas! I like drug stocks small starters u have anything I can look at my friend. I'm done for the week chat on Monday if hour around. RH