Something is not connecting at this share price
Helps explain the weakness but Cooperman dumping at a big loss is probably a good indicator a bottom is in
Hope to have a better feel after Friday options expiration. With such volatility the shorts will cover after positions close then
A buyback can wait. If they can execute on initiatives and deliver on earnings, the stock will at least double in a year
I agree that production will be a whole new ballgame in the second 1/2 of the year. I keep having a vision of ISIS lobbing firing surface to surface missiles (probably US made) into Saudi Arabia's production facilities.
Hello 100+ oil!!! And here we go again.....
Both super hedged for '15 and into '16
Would love your analysis as I hold all 3
Buying June 10 calls
Trading at where the stock was in the money yesterday
Ill take my chances in 4 months
I would hope the PE guys looking for a better exit strategy than dilution. Knowing they have this year covered at 90/bbl and next year 75% should be a nice calling card
Options expiration shennanigans. Look at the manipulative volume.
Next week it will rise back. Cheap shares today
Added 50 million cash in the Q..Marigold is a cash cow.
Non cash charges thrown in.
If the commodity prices rise SSRI is well positioned. Could be looking for another opportunistic acquisition in the meantime
I am in LPI and EPG for the hedging and shrewd management. Sold SN too early on their huge run
Sentiment: Strong Buy