I sincerely hope.. ...that Eric Nutall is losing some sleep on this. But he probably just duped us with his top picks that he then abandoned and sleeps with a knowing grin on his face. As LEG goes lower, it seems more likely that a major player would want to swoop in and pick up their resources, taking advantage of many of us tired of holding what amounts to a POS. I'm not so sure that the debt load is a problem; TD reports debt/capital of only 18.5% and the book value is 10.24, nearly a dollar above the current sp. Nothing really looks toxic to me, but rather its a crazy market environment right now. As the screws tighten on Iran come the summer, LEG and others might do some fast rising, which could have the effect of sending the short traders to cover and off she goes. You'd think the majors would want to avoid that run-up and make their deal quickly.