Post by
Smugly on Mar 19, 2015 3:28pm
$2.84 - Thank youuuuuuuuuuuuu!
Thank you for the cheap shares; seriously, there is something wrong with todays investor. This is a strong company; Q4 and future guidance was pretty darn good considering everything that is going on with oil. Anyways, see you in a couple of years at $10.00. I had a gut feeling I should of sold eveything yesterday and bought back in today, but I lowered my cost average today; it might even go lower, but long term who cares, it is just to cheap to take that chance that it will bounce tomorrow.
GLTA & DYDY
Comment by
bullchart on Mar 19, 2015 3:34pm
and the fund managers are saying "your welcome" :) Not sure what is going on but will leave an order on the table for morning. This opened at the high and has a chance to be even a better bargain tomorrow. Would love to know how much money they really have in the bank.. not just assets.. but real cash.
Comment by
AsYourLawyer on Mar 19, 2015 3:51pm
If this were the case, the fund managers would actually be saying "You're welcome." :)
Comment by
righand2 on Mar 19, 2015 3:39pm
I guess you missed the part where RMP said they cashed in all of their hedges. They gave away their protection from falling oil prices. The market is not rewarding that kind of mistake. Just look at the stocks that are doing well, every one has a solid hedge book for 2015.
Comment by
JustforFun7 on Mar 19, 2015 3:49pm
That was only about 500 barrel a day they had hedges for, much less than I thought. That is less than 5% production hedge so I doubt that is what the market does not like. JFF7
Comment by
righand2 on Mar 19, 2015 3:56pm
Yeah, it was probably the disappointing NAV number and the big drop in guidance.
Comment by
bullchart on Mar 19, 2015 3:57pm
Alyawa a reason. Thanks righthand