RE:How do ya like them pickins?of course . at that time they were tettering on bankruptcy. they are safe now thanks to commodity prices going up. anyone that owned cr then, should have known how bad that situation was, they were weeks from going under. commodity price saved them.
so sure it was a huge win, if you had the stones in the head to own it when it was goinf under... who knew oil and gas would recover this fast at this time, just in time to save cr\?
then again, money was made on much safer and better companies, not as big a win but ten baggers are ok and with safety. so comparing what cr was then to what it is with $100 wti not $20... or $5 HH gas not $2.. yes big difference and you can see why it survived and now thrives.. the last leg of the bizz cycle is the commodity hike so be aware the cycle nears its end, liquidate on moves imo
maybe cr does the right thing this time and sells to lock in the profit.. but then again cr just keeps going not caring about the shareholders really.. they just want to keep their jobs so keep the company going thru good and bad, a terrible management to think they owned all the best lands from the spinoff with bte... all the best plays.. and they have sold them off bit by bit such a dogs breakfast