Lets say NG hits $5 this winter... the CEO has been 'pounding the table' on how valuable UPL is at $5... If UPL is still in the low $20s when NG hits $5, its a sign that the market will never push UPL to the target value the CEO outlaid over and over again... sure sign to put it up for sale..
CFO is an idiot also... who wouldn't have issued shares at $80 plus back in 07/08... could have eliminated debt...
waited almost 2 years for $4-$5 nat gas for this stock to appreciate.... and no direct correlation to nat gas at the moment... very poor move to purchase a measly 8000 acres.. the stock is now the same price from 9 yrs ago... THAT IS POOR MANAGEMENT
You make a fabulous point.. they trade less than 2007 price... how much more in assets does bgx manage nkw then when they IPOed? Was thinking about taking profits but do to that point, I am holding.. Thanks PSUSUCKER!!