There will be a lot of smaller players in trouble for companies to buy. I think SWN will make acquisitions
but only if it is a steal. My worry is earnings going forward . I sure hope they have smart hedges in place!
Long term this is a great company. Buy on weakness
Its an extended head and shoulders on the right side.. Once it meets 80 there's very little support until 75 .39... its 200 day average.
from 38.60. This is all about larger players IE institutional types running it up so they can bale right before earnings! They want retailers to join in and hold the bag or last seat as they say.
I would start averaging in a long position now before the winter. I bought the Jan 15 2016 strike 23 call. Just buy a few contracts at a time ...average down if warranted
Natural Gas does not fluctuate as much as crude does. Crude has to be inventoried in tanks and tankers while gas can be shut off online. I have had EOG next to my SWN for a long time. Today EOG is up and SWN is down. What will drive Nat Gas is severe cold winter projections
If this was a Growth Tech company w. no profits it would be exploding in valuation. WFM is still a growth company w. profits but gets hammered. The swings in valuation for a top of breed category
makes no sense. Competition in the Tech area is far more intense.