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Enerplus Corporation Message Board

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  • beabaggage beabaggage May 11, 2012 2:05 PM Flag

    Can anyone explain this?

    because there is no business plan, there is just reacting and scrambling.
    lets make oil, no we wont shut ng wells.
    well no one is really shutting any NG wells, until XOM, RDS, CVX start, NG is going to $1.

    this has to be on CNOC or KNOC's radar at $16ish. KNOC bot Harvest HTE when it was crushed in similar fashion.

    still waiting for $15

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    • I totally agree with this. Chinese bought Daylight Resources and Harvest Energy by massively shorting the stock to low levels and then buying them out. What is going on right now in Enerplus' share price seems like it might be more of this.... Short it down to 15 and then announce a purchase at 23. Oil is a hundo and natty is 2.50 now. Even the McDep website says this thing is a stupid buy. The intrinsic value of the assets is worth so much more than the current share price even if the dividend were ZERO...

 
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