RE:RE:Smart management making the right movesDon't sell the skin before you've bagged the bear.
It all depends on how long this party lasts.
After all, Corona and Putin (perfect timing), with the "help" of MbS, screwing USA frackers may last for 2 years before USA becomes a nett importer again and prices will jump upwards once more.
By that time PIPE will be financially back at where they started a little over a year ago.
Advantages: reserves, infrastructure, management.
Negatives: no money, few producing wells.
Were it not for Corona and Putin with friends, PIPE warrant holders had a chance.
I don't believe that anymore.
Shareholders will eventually do fine, but it will be a long process (3+ years).
But hey, why worry about all that, much better to live today and
have fun.