RE: RE: RE: Back to the bottomther, why did they Lux...Speaking only for myself, I am not suggesting that "TBD will be gone soon." And certainly not that there has been any chicanery going on. Only that the market has effectively written it off (along with everything else except Donner and perhaps a bit of CSI).
Although I'm long term bullish on SND, I've waited to fill about half of my intended position simply because I believe SND is at the mercy of greater market and macroeconomic forces at this stage of its development. (Obviously the failure of two streams and weakness in a third don't help the situation any, but I do not think they are the primary cause of weakness in the sp.)
SND was selling very near liquidation value once before and frankly, I've been expecting it to happen again. If Donner gets into full production as scheduled late this year and CSI in 2014, earnings should once again begin to set the price and we can expect a gradual improvement, perhaps rapidly accelerating if new deals and commodity prices warrant it. I consider the meantime (and it will be a "mean" time) a buying opportunity.
But I'm in never in a hurry.