RE:You are missing the point WolfUnlucky13 wrote: The stock has woefully underperformed. It was $9 with $50 oil 6 years ago. Management stayed afloat but took down every shareholder with it. The only happy campers are those who bought post collapse. Any long term shareholder was taken out. You are championing and celebrating gains from 28 cents to $4.50, $4.50 doesn't even sniff where this stock used to be. Oil is at $85 and it's only $4.50! That's horrible and the hedges are terrible by management. Even a monkey could have hedged at a higher price then they did. Just horrific hedges this year once again. I would be ok with them hedging at $85 but the morons that run the company prefer hedges in the $50 or $60 range. Yes this survived from 28 cents to now but I remember it being at $6 and dropping post Raginf River and couldn't believe it. No one who has held this for years is happy with such a depressed share price. It was $50 before!
the "only" happy campers are post collapse from 50. Seriously how many retail investors do you think rode this thing down from 50? It's not the same company as it was. The share structure is different. The market sentiment towards oil is different. It's not going to 50. Give it up.