RE:RE:I could not resist Oldnagger, yes, you can loose. (1.74 yesterday is 1.65 today!)
The next few months are going to be a bit rough I fear.
Also, regarding share buyback as a possibility someday: I'm always wondering why Crew didn't buy back shares March 2020 at .14. They could have bought a ton of shares back at between .14- .20 range. Smart money would have used some of their available line to sponge up 10% at least. They never did. I don't believe less float interests Dale & Team, in fact, based on the last annual meeting & Proxy sent out, they'll likely end up deluting down a bit even more in time with their renumeration.
And No, I'm convinced the asset sale we hope for isn't coming any time soon, not until the sector has seen a lot more appreciation and the debt reduction will happen only after the 2year guidance. I think all we can hope for is "slow & steady wins the race".
let's hope for some great prices in 2022 & onward and a few real strong quarters in a row, and hopefully, hopefully, the market will respond appropriately.
also, was wanting to mention to someone's earlier post regarding Nuttal not showing Crew on his List. I pretty sure these guys like Eric Nuttal are only talking about companies they like that they've already filled their boots with, then they mention them in these interviews and try and have retail investors flock in, and show them on their little Twitter Lists.....
Given the fundamentals on Crew (acreage/production/DUC's etc etc) I think these guys are still in "buy" mode on Crew, strengthening their position before the next leg up. So, im hoping the not mentioning Crew is a good thing. (Maybe?)
Good Luck to the Longs on Crew