Yes he knows what he is talking about. Last Week on CNBC he referred to EOG as Enron. I have a lot of respect for Boone but over the last four or five years he has lost a lot of money on NG, Coal specifically on Arch Coal Co and oil.
Thank you for for the suggestion. It actually was a good read. I received a article from a subscription service on Thursday I wish I could cut and paste it on here but it won't let me. The point of the article was that there will be very little M&A activity in the shale business because many companies have dry gas and wet gas fields, which are worthless as long as natural gas is under $4.50 mmcf and LNG is under $40 per barrel. The current LNG price is around $13 per barrel and the outrageous debt of most of these companies carry.
Come on, quit drinking and go to bed. Innocent people died by some nut job pilot. I did not vote for Obama and don't like his policies but don't compare a tragedy like this to the president.
Nobody wants this stock in part because the insiders have been dumping their stock consistently over the last 18 months.
Jason Child sells stock almost every week.
More like toxic waste removal. You know the guys with the white hazmat suits on that have to be hosed down after they are done.
It is solely because the dollar retreated today against other world currencies.
Brilliantly? I would like to know what you would consider lousy?
That will knock this stock down another 20 to 30%
In the filing it mentioned that just 7% of 2015 total production was hedged until the end of this year. In all of the commodity acquisitions that I have ever seen the bank or banks doing the financing require a significant amount of hedging, anywhere from 30 to 50% for usually a period of two years...I don't understand why not not only was this required as part of the deal when it was announced back in June I don't understand why it was not towards the higher end considering the huge debt load that was being taken on relative to revenue.
You either don't understand what you are saying or you are trying to make yourself believe what you are saying is true.
Before you make stupid comments like "perhaps the sky is green today" and show the entire board you"re complete ignorance on this forum by continuing to ramble on about about absolutely nothing of any meaning, value or truth edsilverstreak is spot on. It is due to options expiration.