Well, with a price of 12.50 I find it a very intriuging time to start a position. It came down to Atlas or here.....5he diference is the upside and th e monthly dividend payouts. Dripping monthly really was a way of making taking short term loses feel pretty good. My only concern is another divy haircut. Looking for some longs to share any info they about this investment. Heck, any shorts pls join the conversation too as long as its an adult sharing of ideas. Thx all and good luck, B
I think you got in at a great price. But what do I know. I thought it was great when I got in at $22.
Oil is about the same price. Gas is 50% higher. But ERF is 40% lower. The only explanation I can think of is what some people have been saying here, that China wants to buy ERF at 1/4 the value of their proven reserves. They can invest a few hundred million to short it down and save billions in a cheap buyout of the whole company at what will look like a "generous" price 30% above the market price ?
i have seen that happen before but it seems there all down .they are getting alberta prices for there oil its way .if they were getting wti different story .everyone on this bd is down and the market is at all time highs.what are we doing here.