CredibilityI used to think all the issues here with SGY simply revolved around the price of oil. Now that the price is up, maybe going higher, this company needs to deliver and prove that all the macinations of the past couple of years were worth the grief.
In my experience the market doesn't deliver blank checks. It is all about "CREDIBILITY" now and this needs to be established in the next year end and Qtrs 1+2 reports. Until then I suspect we hover, maybe a couple of short spikes, but nothing prolonged until... . Btw the past month or two has actually been pretty good.