It really comes down to price of oilI'm not in favour of "consolidation", but if it increases the potential market for share buyers by allowing more institutional investment, I'll reluctantly go for it. Everything SGY has done over the past half year, will nevertheless look pretty good if oil prices hold or go higher as some predict. If they do, it should be a golden few years, in spite of what some consider to be missteps by management and just maybe they knew what they were doing all along.
Going to ride this out. As lve said before here, no place for anyone who doesn't like or can't afford the risk. Looking forward to Q2 results today, but we may need to wait another quarter or two to see what the oil prices are really doing for us. Make lots of $ everyone.