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Bullboard - Stock Discussion Forum AvenEx Energy Corp AVNDF

GREY:AVNDF - Post Discussion

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Post by pwalk140 on Mar 22, 2013 1:03pm

SP

Intersting that the last couple of days CHX has had almost triple the average volume and the SP has increased 15%. An indicator that people are buying in at low prices in anticipation of an approved deal? CHX is the best ratio to buy in right now.
Comment by billfox54 on Mar 22, 2013 10:03pm
As I posted last week, CHX is the only one of these three that I still hold, and it is not because I think the merger will happen, since I think that is a low probability.  CHX has the highest leverage to natgas prices, and if this rally holds, they will start generating the cash they need to develop their prospects.  If the market thought the merger would happen, AVF would rally as well ...more  
Comment by trismigistus on Mar 22, 2013 10:08pm
BillFox says: As I posted last week, CHX is the only one of these three that I still hold, and it is not because I think the merger will happen, since I think that is a low probability. CHX has the highest leverage to natgas prices, and if this rally holds, they will start generating the cash they need to develop their prospects. If the market thought the merger would happen, AVF would rally as ...more  
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