Greenlight has shown a light onto your entire biz model; borrow, drill, deplete, lose money, hedge at bottom, then beg and borrow more - dilute, rinse and repeat.
You really don't get it either, do you simms ? Icahn PURCHASES have helped levitate what should be a much lower stock. He has lemming followers who bought and buy. Eventually, there will be rumors of Icahn selling, and stronger rumors of Icahn dumping. No company in America is more directly responsible for the natural gas glut than this one. DEBTS have to be paid simms.
May 13th is the day SHAK bubble burst because you might actually have a PE ratio - rather than a question mark. It won't be in the 'value' zone of PE ratios, like 8 or 9. More like 900! Smart money is exiting SHAK now to buy BH - the value burger chain with HUNDREDS of locations and market capitalization of an extreme value stock.
Icahn will eventually see through the smoke screen here. Then you dolts will learn a thing or two about....value!
hedge at the bottom, rinse and repeat, borrow more to drill more, dilute, do anything to keep the show on the road.
Enron Oil & Gas.....infinite shale losses!
Top management here is also lost, except the part where they pay themselves Plenty, at the expense of public dupeholders of this bamboo lumber yard.