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Equal Energy Ltd EQU



NYSE:EQU - Post by User

Comment by Nawaralsaadion Jun 14, 2012 8:25pm
196 Views
Post# 20016230

RE: RE: RE: RE: EQU review posted

RE: RE: RE: RE: EQU review posted

Indeed darb, they are better than now, but still quite low compared to where the stock was; the issue however is natural gas and NGL prices, both of which have weakened significantly since last year, if it was not for that weakness, I believe a deal could have happened in the $7 to $8 range. Averaging down at current levels may make sense for a long term investor in EQU, since the likelihood of a material outcome out of the review is very high in the next 6 weeks or so.

Regards,

Nawar

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