I think we are headed back to $12 by the end of the year so naturally wish I had the other 10000 back. Oh well, doubled my money on it, so should not complain. After all, it is greed that kills one.
about my belief KOG would fall today. Unlike Welbie who has never admitted to being wrong although most all his prediction turn out to be wrong, I will admit it.
WLL had a great day. KOG had a good day. I would have thought that KOG would have gone up even more than the .177 buyout conversion with short covering. Interesting that it not only did not do that but did not even keep up with the conversion equasion. Oh well.
Made a mistake selling at $13.75. Does not look like I will get back in. Might be a good buy here, but I think WRES, TPLM and AXAS will do better so will put my spare funds there.
The way I see it, you longs are super lucky at this point, as you get rid of Peterson, who is a cancer to this stock and to shareholders. Good luck to all. Time for me to move on as KOG is basically history.
The "big boys" have had their chances for a long time at MUCH cheaper prices. But dream on, make you forget the screwing Peterson just gave all the shareholders.
Welbie, maybe they are selling tickets for the Titantic sequel, I'll gladly buy you one. But you are so full of #$%$ that you probably would not sink.
to Sandridge's earnings. The stock fell from $12 to less than $5. The CEO was wrong, just like this CEO will be wrong. KOG was not cash flow positive and it won't be under WLL either, more WLL shares will be issued to buy KOG lowering WLL's earnings. It is so simple even a cave man can understand it. Only Peterson benefits from this fire sale.
I guess the paid pumper's must have been kept on via the deal. Maybe Peterson will address that at the CC tomorrow.
Going to be real interesting seeing how WLL is treated by the market with the new debt and major share dilution. I doubt it will be a pretty picture for either WLL or KOG shareholders.
be a smart move also at this point.
lawsuits against Peterson and this shareholder screwing? I bet those sue happy crooks will be burning the midnight oil all over America over this sell out of the shareholders.
I have NEVER talked about 2009. EVER. Why make up stuff to try and make it look like you were not wrong. Be a grown up, admit you were wrong and get over it..
Now you are posting under two different names. placeontherun37 and breakfastclub773. Sober up and come back when you make sense.
Cotton, I have not been blowing smoke when I stated KOG would go BK IF oil went to $85 and stayed there. Their debt is enormous, the depletion rates scary and the world's economies are sick. Why ignore facts?
I was right you fool. There was, IN FACT, a takeunder though. Worse than I predicted. Are you taking stupid pills or simply malnutrished from your diet and it has affected your brain.
You think KOG will bring 40% more than this offer? Wow, what are you smokin? Quit, it is destroying your brain.
Love your childish response. I have told the world I sold at $13.75 looking for a lower buy in price. You really are a desperate soul to make up so much drivel to try and hide the fact Peterson screwed you.