they won't be able to find any of the wells if they are looking in Washita, Washington....as their article states. Don't tell em that the wells are in OKlahoma....and everything should be fine. Now they can slowly move their clients into the stock over the next month and get the divvy. That's the way it works...period.
Grgsvll, the actual Goldman report got the county location correct in Oklahoma (they said it was in the Granite Wash). The reprint of the report by Yahoo misprinted the location as in Washington. You can find the original sell recommendation under the Market Pulse tab on the left side of the CHKR page in Yahoo Finance.
While I don't doubt that Goldman manipulates whatever it can, in this case they are right. If by some chance this should rebound, that's your exit. Learned this lesson the hard way. BTW, I did not get my puts on this as the bad news on the SD trusts made their price go up a little fast.
Why would they want in? because they are reptile ##$%.. The banksters are driving down the price so they can scoop up cheap shares. It would have helped if CHKR had declared the DIV. like the other trusts did.
Liza, I think calling them a defective model is too harsh. The model works, the problem is the prospectus was too optimistic/unrealistic with commodity price projections and production projections. Had the projections been more realistic (and reserves and gas/oil mix for that matter), the distribution targets and subordinate thresholds would have been more realistic as a result and the model would have been pretty good. PER might be the best example of the model working close to how it was supposed to.