Shorts will be driven out of the barn, and then drowned like rats in the Adriatic Sea!
So yesterdays sellers become todays buyers. LOL
There are 4 ways to own a Ferrari;
1) own FCAU stock and receive the spin off (80% of company)
2) buy Ferrari on the IPO or after market surge price (10%)
3) spend $243,000+ to buy one great car for once in your life
4) be Enzo's grandson (10%)
You clowns have no idea how far you are about to fall.
Eagle Ford.....Rockies....west panhandle Texas....forget it. Put them up for auction and reduce Debt. Stop wasting capital and time. The Permian will save Pioneer.
Educate yourselves on book value, net tangible assets, and protein shake moats!
Now class, today will examine something called the balance sheet. There are assets, liabilities, and if you are lucky, a few soy beans for public bagholders.
Aubrey borrowed, drilled, depleted, hedged at bottom, borrowed more, diluted, and lost money at every step of the process. His 'knowledge' ? I laugh, and Icahn cries.
Chesapeake is down another 6%. EOG is performing a levitation act, for now.
XOM is punching through 52 week lows.
It will take decades of perfect execution of the door-to-door sales of protein shakes to justify the outrage market capitalization. Balance sheets and market capitalization are large concepts for you dupes.