RE:SGY versus SOILWhats Holding SOIL back? MANAGEMENT, MANAGEMENT, MANAGEMENT!!!
- Management is completely incompetent, way over their head, zero experience, with absolutely zero care for the share holder.
- Management issuing shares and lining their own pockets.
- 80% of their production is hedged, nothing they can do about it, as it was a must for Saturn to get the loan.
- According to Theconsortman and field rumours, Saturn can’t drill a decent well for the life of them.
- Saturn doesn’t give any updates or positively promote their company.
- Large liability and costs with abandonments.
- Poor reputation in the field.
- Somebody with millions of shares keeps shorting them.
- At $110 oil - Saturn can’t make it past $3, only way Saturn shares are getting to $9 is if oil hits $330.
Anything missed?