RE:company destroyed its credability in one releaseFWIW..
replying to an older post! ..but yes uograd,, i just wanted to say that when i read your headline i basically agreed 100% with what you wrote..
It was such a PO for me especially because i had gone ahead and spouted off about what i considered to be some of the merits of this company's management team.
Up to this NR they had done no wrong in my books.
But when it was announced they had brought the 4-29 online on april 08 and yet in the NR of april 13 they had stated that the well was "on track to be put on later this month"... was in fact outright deception to my way of thinking.. and i felt really let down..
In fact to the point that i threw the towel in at 0.60 that morning .(but i still did ok).
However, i only stopped in to share my position because i had been here earlier (prior to may 04) and was basically singing the praises of this comany along with what i considered to be such great management...the latest NR has certainly changed my view of them.
Just want to say lastly that this company may well do just fine and certainly the HE market is strong and there are other reasons to like it and what they are doing but i have pulled out and will keep it on my radar.. just going to see how weak it actually gets before making a decision to get back in.
GLTA
gs2