RE:RE:RE:Terrible leverageDivinvestor wrote: Hey Kherson, Unlike Trecor I actually like reading your posts. I do have a questions though. You seem confident in the buyout, can you give me reasons and supporting evidence as to why you think it is coming? Several please, not just one or two. Thanks!
I actually have about half a dozen reasons.
1) Trading action over say the past 6 months, to even a year.
2) Paid bashers on this board, who then have their accounts removed. I am not talking about our resident Village Idiot!
3) Insider buying patterns, which we now know has stopped!
4) The company's financials which are excellent! Plus they have a large inventory of drilling locations with like 2 billions bbls of reservoirs. If the POO keeps rising, the Free Cash Flow numbers will be simply amazing!
5) Future price of oil, especially with the US Shale production levelling off and eventually falling off of a cliff.
6) The age old adage of buying when there is blood in the streets, which now also includes my own!
7) I believe that Husky is a possible suitor and they are presently building up a massive plle of cash, for starters.
8) Finally, NutBar! Pay very close attention to all his views concerning SGY? All he will say is that he does not like management. I for one actually like Paul and I think he will do what is best for all shareholders. Take the time to listen to NutBar's comments on BNN and you be the judge as he looks like the cat that swallowed the (sgy) canary! He knows something!
Kherson