your in disbelief? It has delivered on everything? sure it has. High debt 2 bil, little to no cash, shelf filing and non core asset sales at the worst possible time. They sure delivered a great financial condition.
just let us know when u sell probably be a good buy signal.
bad news that they are starting up again. many are desperate to generate cashflow to pay the bills.
only initial stages of capitulation.
they have to try to save the company???
what drastic actions is the company taking to save the company? So far they are squandering 100 mil in dividends, What dramatic cost cutting? why are shareholders the only ones that are getting obliterated while those mostly responsible for this poor financial position go mostly unscathed in the pocketbook? Incredible the lack of urgency by leadership while shareholders get demolished.
what about the useless board of directors/ They should take a paycut of 25% too!!!!!!!!!
ask them questions
are u going to issue more shares since filing the shelf registration? if so will it be done as a last resort to ALL cost cutting?
why are u paying out a dividend?
what is status of non core asset sales? what actions will company take if low ball offers?
why is there a lack of cost cutting and shared sacrifice?
Demand answers and do not accept the corp double talk. good luck cuz capitulation has only begun.
that is bothersome. They led this ship into this mess...high debts, no cash at the wrong time in the cycle.
They will say it is the oil prices. Yes there is an impact. Did not hear them saying it was the oil prices at 90-100. Just taking big pay increases and all the credit. They blew it big time. And they still continue to blow it by paying out 100 mil in dividends and not cutting costs to the bone....including their own salary as a shared sacrifice as shareholders have been OBLITERATED. The stock is trading like many of the other crappiest energy shares at new ALL TIME LOWS! Get angry sheep. You should be. Demand change. This company can make it, but much better without the overpaid now.
PGH is NOT SD. SD is a complete basketcase. The moron that ran into into the ground is worse than the underperforming MGT here.
conspiracy theories? good luck with this.
The company is highly leveraged at $2 bil debt, Has little cash, STILL pays out a 100 mil dividend??? and , filed a shelf registration not to long ago and trying to sell NON-core assets at the worst possible time.
THINK ABOUT IT.
just remember there are 535 mil shares outstanding. There are plenty of brainwashed dividend sheep that have not sold yet. Stocks overshoot badly in capitulation. sheep should be yelling to this useless overpaid mgt to eliminate the dividend to preserve / retain cash. Just the first step. Second step is to cut costs across the board ESPECIALLY the overpaid feeders at the top of the company. It is CALLED SHARED SACRIFICE.
All time lows fool. Not yearly low BUT ALL TIME LOWS. Does not register fool?
ONLY the crappiest of the energy patch are hitting ALL TIME LOWS.
Hey fool gett'en the dividend everything is OK. Just wait when true capitulation hits this high debt, low cash and 100 mil dividend company. You will have wished they eliminated the dividend LAST YEAR.
last time u will be acknowledged fool. ...here to make money not some brainwashed dividend fool getting obliterated and going to poorhouse
naahhh i do not own any shares yet fools. Maybe some of u idiots should start reading the posts and learn something. NO SIGN of CAPITULATION
Anything u fools do not understand?
1.71 with low volume. fools are not screaming sell sell sell yet. amazing the denial of this group who have been brainwashed this is only about the dividend?
the fools continue to post non-sense. Down down down the price goes NO CAPITULATION from these morons! The regrets and anger from these fools will be extreme when they capitulate.
would suggest to fool shareholders that you have mgt fully explain the shelf filing and that shelf filing will not be activated until dividend is eliminated, across the board pay cuts of at least 25-50% at the top and upper echelon and further cost reduction actions before they would even consider selling new shares at these ALL TIME LOW LEVELS. Fools better start fighting back.
still have fool shareholders with blinders on posting non-sense.
Grinding sell off on low volume. Bad news since the fools continue to believe everything is just fine. hello. the company needs change desperately. why do ya think the stock is at ALL TIME LOWS.
blah blah blah but you FAILED to mention the 2 billion in debts with little to no cash balances and to top if off still pays 100 mil in dividends? hello who is managing this business? what about the recent shelf filing? what is that all about? what is the state of the non-core asset sales? probably alot of smart lowballers making offers. why pay up in this environment.
i do think these shareholders have it in them to hold these kamakazee operators accountable. By eliminating the dividend (although any rational survivialists owner would have done it much earlier) it would be HUGE admission of failure for this mgt team and board.
It would be nice to get a nice huge bounce )trade) after capitulation.
grinding lower day by day on low volume. This is bad since capitulation phase has not here yet.
Shareholders should demand dividend elimination and top mgt 50% shared sacrifice compensation cut. So the bum at the top still gets over half a million.
Something really stinks. is it that the company is not getting good response to asset sales or is it the prospectus filed may be used to sell more shares at these prices? anyone have any ideas? Hey fool shareholders wakeup and call up the company demand action.
lots have carved out a great living over the years while shareholders are getting toasted to the poorhouse. at all time lows. Cleanhouse. where is the shared sacrifice? Top guns still feeding at the big feed trough with big compensation. wakeup snap out of it before this hits a $1