My options still showing exercise price at 1$ with mention 1:10. i tried a transaction buy/sell but it was rejected? Dont know what is going on here.
Also I would like to see new options open kind like strike 5$ 6$ 7$ 8$ 9$ 10$. It would be so practic to trade like that.
from now to 3r Q , of course commodity and specigically OIL will ally fiercely my friend no doubt. Then the co can sell asset at very high value as they have bought time now.
We can see oil easily +60$ before end Q3.
Yep that is my target next week 23-25 . bougth 2 june 21$ call for 32c . Jummy as soon as tomorrow as next week. This looks like the rare and first mine/energy equipment that does a real pop .:) ...certainly a 30-35 $ for longs who want to camp .
imo you was victim of a panic selling without having the materaial infos of the ER yesterday . I think you let your emotion take on you and probably you will greret it today . Wish you the Best for next trade.
sorry correction point 1) huge production cost realisation :
Prices realized during the first quarter of 2016 averaged $36.87 per barrel of oil
Average realized prices for the first quarter of 2015 were $66.28 per barrel of oil
THEY ARE very focus at avery aspect: i have no doubt about they will get a REfinancement during Q2.
1- oil production cost drops from 50 ish to mid 30 ish dollar. We gonna be profitable soon excluding impairment pay down etc ....
2-reproposal to BOEM with more assurance in favor of BOEM
3-asset sales is taken into account
4-reverse split possible, and dilution could be minimal depending on new refinance (if) obtained.
5-Smat reduction of costs -suspending wells and staff reduction that produced a high margin in point 1. and allowing good conditions to obtain new alliance and refinance.
GO SGY. Get me rich at this Big Opportunity in a good oil play.
what is your interest in warching it rise or drop and eating popcorns? Is it a kind of cheaper pleasure than pay on demand movie? :)