I this company a joke or what? With interests rates as cheap at they are in America why on earth does Endeavour Corp. have to pay 12% on its debt instrument ?
The management of this company is a Joke.
Sell this Pig asap,imo.
I think this is short term revolving credit a little like a credit card END is a high risk business. Take a look at kodiak oil they ran a lot of red ink until their wells came in and then their stock doubled.
Hey don't take my word for it this comes from Zack's
Endeavour International /quotes/zigman/1558365/quotes/nls/end END -1.66% October 10 calls have traded 2000 contracts against an open interest of 271, pushing implied volatility up 3 percent.END has international operations in the oil and gas industry and has been a rumored takeover candidate.
I plan to sell but not until November December when it is back to 11
Look at the chart. Every three months like clock work the stock goes up as they report teir production figures. Then no news and price declines. So buy low like now and sell high and wait until it drops agaiin. What could be simpler? Want to make bacon buy a pig!