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Cabot Oil & Gas Corporation Message Board

johnlaw0077 3 posts  |  Last Activity: Sep 14, 2016 8:43 PM Member since: Jul 14, 2011
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    More dilution announced finally...

    by johnlaw0077 Sep 14, 2016 8:38 PM
    johnlaw0077 johnlaw0077 Sep 14, 2016 8:43 PM Flag

    Oh, and down ~7% today and down from over 2.20 a few days ago, do you think someone knew something ahead of this announcement? My guess is that they will be hoping to buy lower but it will turn quickly upward as shares get bought up. Huge drop already and the ones in the know will be there to buy as offering price will probably be well over the $2 mark.

  • Tell me something that everyone already didn't already know. Now the wondering when and how much the offering will be. Still have the $3.38 price target and quite a bit of recent good news out there. Just need enough to tie us over for our big ramp up into later this year and into next. Shouldn't need much but I'm sure the having a bit of extra cash will go far on the balance sheet. I will be buying if we get any drop here as the money will ultimately pull us much higher. I'm sure institutions will jump on this one with all the forward looking information out there as to our future now that it is so close.

    Sentiment: Strong Buy

  • Positive earnings my mid 2017 is now 11 short months away...

22.06+0.48(+2.22%)Oct 20 4:01 PMEDT