The problem is that Whiting is heavily in debt and can't afford to sell at a price that a potential buyer is willing to pay when oil is now at the 50's and going lower.
In other words, in Whiting's case, the seller wants to sell at a premium and the buyers only want to buy it at fire-sale price.
Both sides are too far apart, at least at this point.
Pardon my ignorance.
How much do you think a bigger company will willing to pay or buy out PVA for?
Thank you in advance.
I heard Paulson sold all his shares. Is that true?
Your information is appreciated.
Thanks in advance.
Wishful thinking takes over reasoning when people do not know the law and/or lost money on BBRY..
You sound like a lawyer talking.
Reuters is a reputable news organization.
I think in BlackBerry's case, they simply made a mistake -- no one is perfect.
There is always someone like "im712" in every message board.
In a way, I like them. They make me laugh.