Every 5-10 years you get a buying opportunity like this, when the market or a sector gets oversold. Energy prices won't stay down and certain stocks like SWN have been hammered. Most analyst give SWN a fair value of $30+ at today's energy prices. When the sector moves higher, SWN will react more positive than others. An easy double from today if you are holding 12 months, IMO.
I haven't checked this board in 3 weeks because there have been few posts concerning SWN and mostly spam. It took a while but I finally was able to correlate all the spam IP addresses and locations and sent them to the Yahoo Board Security Group. I was notified today that the sources will be scanned and security will follow up. I was told to continue normal posting while the investigation intensifies. It's about time, Thanks for IP addresses
Depends at what price you purchased SWN. IMO $40 a share would be the 1st offer. No where near the long term value. I'm sure management feels the same, it will be interesting to see the outcome.
Great question, I think some of these rumors about SWN being an acquisition are more than rumors. The midstream division of SWN is very valuable along with some of the land purchased from CHK (pipeline route). I'm sure we will be hearing more on this in a couple weeks or months.