RE:RE:RE:Etc. and House buying
mouserman wrote: Sellers will thin out as the date gets closer for the financing news, I believe it will be this friday.
I would say it's exactly the other way around.. without news, selling pressure will increase into Friday.
News on financing expected "on or before May 15, 2015".. time is running out.. there should already been news if this deal would really happen.
Well MW has got the same issues as Mart: tax liability, deep in the hole from OML-18 buy at Brent $110, Umusadege reserve downgrades, pipeline blowups.. can't blame anyone for passing a financing on this one.
Could be a few very interesting weeks coming up.. maybe Wade had a good reason for blowing out shares as low as $.44 in December..