RE:RE:RE:RE:RE:Aeco is going no where... sell PNETwo things you have me wondering about.
1. Please show me exactly where you got this $3.00 price as PNE's breakeven from. Can you literally send me links to show the exact math required to acertaining this number. Because there is no way it is close to that high. My take is their break even is somewhere around $1.80, so it is a long ways away from where you are at.
2. If you can do such a good job, compared to the management team at PNE, why don't/haven't you start/started your own production company? Of course, it is everyones right to comment on any stock that they feel strongly about. But after watching this one for the better part of 5 years now, I think I could count on one hand how many comments you have made that are remotely anything but negative. It also really makes me wonder if you have ever run a business where you are a price taker, and at the mercy of pricing elements that are almost completely out of your control.
Obviouosly I am a lot more bullish on this stock than you are. You are of course entitled to your opinion. And, I'm not trying to sound like a pumper, but I really have a hard time seeing things as negatively as you do. I try to look at it completely objectively, and while this company (like every other mostly dry nat gas producer) has struggled over this prolonged down cycle, they have survived using whatever means they think neccessary. Which to me, isn't a reason to completely lombast them.