I am ok with this considering they think it is ok to operate in break even mode as of last cc at 90/bbl hedged. Hello! why not try reporting a nice profit after paying the bloated balance sheet
So sorry to #$%$ your pants shorts
I ask myself that as well however, I do recognize that management will have nothing else to say until the new phase 2 test results are realeased.
Only then can AZ make decisions as will the market.
I continue to cost average down each dollar now as I see the low volume sell off as more opportunistic I see no real catalyst in the next 30-60 days either.
Spoke with co exec. last week and they remain very optimistic regardless
Greedy #$%$ should be buying not selling at these levels
Cant tell if they were free shares but I would guess so
Basis was 54 cents. I guess he has some bills to pay. Poor visibility by management not to have a share buyback authorization in place.
Like I said before, happy to sell secondary at 23 but wouldn't nibble in single digits as I requested.
Would love put options as well. The good news is that it keeps going artificially higher because of this so the trip down will be sharper yet
Explains the weakness. They still have 2.7 million shares so lightening up may just be a nice buy opp afterall
Selling seems to have bottomed this am