That is not relevant to my question. Those guys can't serve their debts, which is not the case for PWE. Try again.
BTW, stop drinking before answering my questions...
My point is that it seems no company go bankrupt or receivorship just by breaching the covenant while being able to serve its debt.
I am challenging the shorts including shortlittledik to answer this question
Why don't you go buy some SDRL? Why are you still hanging here?
I said you are clueless because you have neither gut nor patience. You like to chase those which are and dump those which seem low just like PWE.
I am telling you, if you want to buy, PWE is the right time and right one.
why do you have to care about what this moron said? If you do, then he wins. Just ignore him.
you have been making 5 cents a post paid by some lousy fund managers. We longs have been aquiring oil and lands when they are cheap.
How did you know that I bought at 5? I did not even know PWE until the insiders bought at 2.1.
Even if someone bought at 5, they can easily average down at current prices.