between JP Morgan and the recent Seeking Alpha articles, they have knock this down over 20 points in 2 weeks. As long as it pays the divy. Oil will not be this low forever, Saudi's are too smart!
this is a new team that just started about a year ago. previous management ruined this company. it is going to take a long time to turn this around. Hopefully these are the people that can do it.
what makes me laugh is that Schwab has this stock rated "A" since July and has never downgraded the rating. Go figure maybe they know something?
the company will go bankrupt with the big boys getting the assets on the cheap and the shareholders a goose egg. Saudis will win as other shale oil producers fall, thus cutting the supply. Oil will be back to close to 100 and only the big boys and OPEC will be in control. this will not play out overnight but come 2016 we will see.
will end up merging with someone for maybe 5 bucks a share. I can't see it holding on. better yet will just go bankrupt and big guys will pick up the assets for almost nothing and shareholders get the goose egg.