Demand is up over 40% from last year. Coal and oil users are moving to natural gas and solar. O the changing times.
waiting to explode. Now that the share offering is priced and delivered (that was fast). The market will break down the dooms day traders. My guess is the option put players are 1st. That is always quick money. Next week the shorts start to unwind.
It looks like the wall street, book runners are running away. Nobody is stepping up to the plate to support this stock.
I would hope the new congress will get rid of this nasty clean natural gas, and get those coal and oil wells up and running again.
SWN just gave up all their gains for the past 7 years, as of today. somebody has to see value in this company. The oil kings want to crush the shale gas movement, then p/u the pieces cheap.
I don't think the oil kings can kept the oil spickets open for the next 3 months.
The major banks would not have financed SWN purchase of CHK properties for 4.5 billion, if they thought the business and assets were not worth it.
The shorts can't find any shares ?? I guess nobody is selling. Did you load up on those hot hot hot jan 25 & 26 puts ??