Not a fan of averaging down but did double at 1.64. I don't know why short sellers gang up on these low priced stocks. They're not going to zero. What do they think they're going to get.
Why don't you guys buy options instead of stock? Much lower amount of capital to lose and much higher returns if it does rebound.
Actually there is a decent chance this stock goes bankrupt. Hence being traded for 1.65. Look at the financials.
The price of NatGas will determine the future of KWK. A return to the 2s and it will be in trouble. An increase to $6 and it will skyrocket. This is a bet on the price of NatGas
LOL. Try that #$%$ elsewhere. Corporate bankruptcy was my business at a big law firm for 15 years. Next!
You know, that's just plain misinformation your spreading. They just secured sufficient financing to operate to 2019, so why would you come here spouting such drivel. Your late to the short-sale party by about two years when it was $15.