GREY:CNKEF - Post by User
Post by
backabockon Apr 17, 2017 12:56pm
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Post# 26128167
CKE losing $1.5MM per week (~C$0.115/shr over 3.5 months)?!
CKE losing $1.5MM per week (~C$0.115/shr over 3.5 months)?!If you look at the stock price for the last ~4 months, you'd think CKE is hemmorhaging. I find that very difficult to believe given the outperformance of AECO prices and no material news.
Even if wells are dry, how does one justify the trend line to zero over the next 9 months?