Post by
uograd on Jun 18, 2018 9:58am
surprised did not get crushed this morning
with such a brutal response to rrx-bte deal, i thought this would drop to 2.50 this morning. risky money here now for sure especially after such a brutal quarter.
Comment by
regardless on Jun 18, 2018 5:26pm
Uograd....there’s nothing to crush here unless a deal or buyout is announced... we cant specifically call it a bad deal because it’s not our deal... it does make it look pretty bad though because rrx was not in as bad a place as we are here they had a lot less debt and great wells online ...
Comment by
regardless on Jun 20, 2018 1:25pm
With a book value of closeto 5$ this is still a decent play bit I would not be surprised on a bad offer for the company not was a steal at 1.90$ its a lot more risky here at this price now seeing what happened to rrx