SGY FUTURE HINGES ON FINDING NEW INVESTORSThis hard to do when so many companys are in the same boat.
For all concern the real and best way in todays market is M&A.
Sgy and lots other are just to small.
Question to all is what do you think the of the shares should be $1.05.?
1 for 8.5 consolidation would be at todays share price $4.76 not worth that and no new investor would buy. And for us to average down is nuts.
With oil prices today SGY would be better to do nothing until they have spare cash.
Thats when you buy back shares and start with a small dividend m=0.01