RE:RE:Why are you even here Debbie Downer? You are correct Debbie. The timing of the share consolidation was atrocious, but it was done to break down the huge walls that spoofers had put up to push down the share price. As evidenced by todays trading, it is doing what it set out to do.
fyi, share prices often pull back after consolidation. Again, timing it with this Russia/Saudi spat was not wise, imho. (and i did suggest to management that they postpone it, as did others, I'm sure, but they went ahead anyway).
Texas republicans are putting pressure on Trump to support their oil industry. Trump is pressuring Saudi Arabia and Russia to tighten up production. The G20 oil ministers are holding a skype meeting to deal with the problem. Frackers are shutting in wells, and some will go under. But i still believe NGY/EBY is way too cheap here, and management will ride it out. I'm bidding for more, knowing it is a lottery ticket at this point.