GREY:WFREF - Post by User
Comment by
emmitton Feb 15, 2015 1:54pm
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Post# 23431887
RE:RE:Covenants
RE:RE:Covenants It's not the end of the world but this is deffinitely different then 2008.For one It doesn't seem like there will be an OPEC cut this time. Rig count dropped below 200 last time, we are still at over 1000...etc. Many differences and many concerns. I don't see a V shaped price recovery this time.
I am long LRE and do think the company will be fine.