RE: RE: RE: 2.20!!I think there is enough cash flow from production to keep themselves solvent.
Having stayed unhedged in NG and their late start in moving the mix from NG to liquids has hurt their financial performance over the years.
Why there is no support to the stock even in the 2.20 range is a mystery based on all the metrics used for determining value. There was some insider buying a few months ago and no selling. I just think that there is no investor interest in high leveraged natural gas companies.
I have been averaging down almost daily, with great discomfort.
In the meantime, lets hope our Management stops just talking about creating shareholder value and actually does something to make that happen with the share price.