GREY:AVNDF - Post by User
Comment by
billfox54on Mar 22, 2013 10:03pm
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Post# 21157443
RE: SP
RE: SP As I posted last week, CHX is the only one of these three that I still hold, and it is not because I think the merger will happen, since I think that is a low probability. CHX has the highest leverage to natgas prices, and if this rally holds, they will start generating the cash they need to develop their prospects. If the market thought the merger would happen, AVF would rally as well. Interesting stuff going on here, but I wouldn't bet the farm on any of them till we have more clarity, which all three are missing. Billfox