Yea, they all unloaded as soon as their stock was not restricted any more. An orchestrated public ripoff. Give a bunch of people with worn out tired wells stock in exchange for their wells, Then you have a bunch of mullets out pumping your stock for you giving false hope. They all dump, the executives get a golden parachute and leave town, or "resign".
I see this stock has caused so much shame a lot of idiots had to change names. I hope they are ok and did not lose their house in LEI. I do not think they did, they were all insiders pumping
i think you mean sour. They have sold assets for years to pay salaries while pps goes down. The party is just about over. No more empty beer cans to sell
more assets gone now. The fake merger was just a way to carve out assets. Borrow money, dangle a carrot to lienholders so they let them sell assets to pay salaries. Now merger off. So predictable. Be the MO of these guys for years