RE:RE:RE:I think meg would go down if their is no asset sale news.
I love meg, whenever I make money on this stock I leave the profit in as free shares. And Those shares just go up. However, I took my principal shares out Friday because of 2 reasons, I think we will see a pullback next week because of the fantastic wti run last week and meg earnings will be as expected in this past quarter, horrible, due to low oil prices. It will sort itself out after the shock of earnings. Worst case scenario market goes back down to 40-41 wti, meg drops to $650, earnings news makes it drop another 50 cents more. Meg at $6 is not a risk I want to take at this point. A potential great short term buy. Best case, wti goes to 50, meg goes up to 8-850, earnings make it go down to 7.75-8. The risk of the downside is greater than the potential money you'll make it if goes up. There is nobody here that can tell me that earnings will not give meg a good slap in share price. Tell me your thoughts people.