knowing what I know about the dirty Wall Street Criminals, my answer to that question would be YES. but eventually the criminals would not be able to hide the truth....
hi billy, any chance you can go to the Range's website and take a look at the PDF presentation from yesterday? I think you'll find the information in that presentation super informative. One of the slides shows that production in both US and Marcellus has leveled off for the past few months. I really think that you'll love the information presented there....please take a look....
2H15 Gas is over 85% hedged at an average floor of $3.70
2H15 Oil is approximately 90% hedged at a floor of $85.87
2H15 NGLs are over 60% hedged
hmm, what will happen when these hedges expire???
in Marcellus, to breakeven, Chevron needs $3.47 and the number one NG producer in US (Exxon) needs $4.94
and here are few more for ya:
EIA is the only agency not aware that production has been going down!
$11+ BILLION in debt...how in the world you run up such a debt?
i really think Maddoff could run it for less...
they couldn't pay down the debt when NG traded at $6+...what are they going to do now?
yes, he is a great man. getting paid $2.3 million A YEAR to run a $11+ BILLION Ponzi scheme
a lot of people would like to get out....
PONZI scheme Maddoff would be proud of
nothing has changed. the only way to make money is to trade it
where do you think your 401k money goes?
the end could be near....
and the numbers they report are not even close to the ones from EIA. Once the NG industry is destroyed (just look at CHK!), Boon's $6 prediction will not even be close.