Problem is it won't happen this qtr. due to refinance writeoffs! With high interest payments we have a couple of years looking at $2.
This stock can be beat down on any day with low volume. Mr. Moore that's what you get with institutions! You need to pick up buying! Still down over 1 dollar since you took over. Don't see where you have been buying with share count outstanding over 100 million.
Scottrade showing short interest at 2.44 million with shares outstanding of 122 million. Nasdaq shows Mangrove sold 330,000+ shares.
Why is share count so high if AT buying?
You've been working for 3 months since last quarter. This stock needs some good news to flush out all the sellers and move share price higher.
Natural gas prices moving higher, nearly $3 per unit. Hopefully you hedged buying long term NG contracts. If so let's hear about them! Let's get PPA extentions. Forget about storage unless to can get more than 15% return! This thing is still more than one dollar lower than when you took over. Plus lost two quarters dividend!
With ENBL share price up 40+% CNP should be seeing record earnings. The market to market write offs become additive as ENBL price rises. What's driving ENBL price increase both oil and natural gas prices up! NG futures signal higher BG future prices! NG hit 2.82 today. Just think not long ago it was under $2 and ENBL share price under $6!
You got your dividend increase to 2%, thanks to the beat down! I bet mgmt bonuses do not get beat dn. With $4 bucks in earnings we should get double dividend payment. Mgmt would rather buy shares. Makes their targets easier.