RE:WTI up $4 for the week... Seems like Kherson is constantly getting bashed on here by a few, if anything I think those that are bashing Kherson are the ones getting paid. Why would you constantly retun to a page to post negatively about a stock and another member of stock house. It doesn't make sense to me, only benefit would be if you are being paid to try and bash the stock to get the price down.
I'm pretty sure I have been on this board longer then most, of not everyone. I don't know Kherson or have any affliction to him. In saying that and watching SGY for over 8 years I actually agree with him. There is something going on here. I'm not sure it is a buyout as he suggests but there is certainly something odd going on with the share price and someone is holding the stock down. With WTI trading up, WCS and Edmonton light differential shrinking there is no reason why SGY should not be at $1.50 or more. Instead we have been held down as profits move up and debt is reduced. I don't have a crystal ball to say what is going to happen, however it simply doesn't make sense unless there is something going on behind the scenes.
I do feel that regardless of the circumstances SGY will be heading up. I put my money where my mouth is today and bought some at $1.00 and a bunch more at $1.01. Simply can't pass up a 10% dividend that is currently safe even at $4 to the downside of oil not including the great hedges that SGY has in place.
Just my thoughts for the day!
Good luck to all the longs!
Kid