Excellent post, nopoo--thank you.Hi, nopoo,
Outstanding post--thank you for summarizing so well what SWN has. I also have purchased a lot of shares recently, also bringing my average cost into the .40's.
I have a comment as to your thoughts on why management hasn't purchased shares in the open market recently (i.e., this year). I talked with Harlan about that (among other things) at the San Francisco show. He advised me that he's wanted to buy shares, but with all the news releases, confidential discussions, and PPs that have occured, there have only been VERY narrow windows (opportunities) to buy shares. My sense was that he intended to buy shares in the near future.
I own a TON of shares now--including a bunch more bought today--SWN is now 28% of my portfolio. We may see some more selling in the near term, but I see a VERY bright, long-term future for this investment.
GLTA!