How would you determine all that volumn on Friday as being good or bad? 99.1% would say that if a stock is falling on high volumn now is not the time to add or buy. What say thee ol wise ones on this theory. Why would management hold the monthly divie in June instead of paying it? Was this a wise decision to hold back the distribution to share holders and let the hedgies fire away and take out all of the stop loses set by the panicing small investors? So they could add and eventually run the stock up and then dump. You know our efficient market that you always claim works for all.
Didn't they just pay the qtyrly distrib? And I thought that July was after the B'ry deal closed (now delayed because of having to re do the S-4. Boy, have you read an S-4, no wonder they have to re do it, very long, complicated and detailed. Now expected to close in Aug and that's when they will start a month distrib, or dividend in the case of LNCO. What is all the sturm and drang about?
..........as bigger than the oil in the Utica formation.
So when you discuss the $tens of trillions and trillions in economic activity from the future production possibly indicated by the recent report about Ohio's 87 wells and the quantity of (almost insignificant by comparison) oil that they all combined together produced in 2012, then,
you may want to point out for rlp, some other somewhat larger recently discovered reserves:
"Just for those of you curious as to exactly how many barrels of oil that roughly equates to, here you go: one hundred and fifty-five quintillion, two hundred and thirty-eight quadrillion, ninety-five trillion, two hundred and thirty-eight billion, ninety-five million, two hundred and fifty thousand, or 155,238,095,238,095,250,000 barrels."
..... you might find the whole article interesting.