RE:RE:sdeTo add to your list of hells, I lost a ton of money on VET when they bought Spartan Energy.
Also lot money on BXE.
To be making that back now feels like some kind of redemption.
I have half as much SDE as I did going into the year, by share count, but as much as I did by value. I loaded up after the Velvet purchase between $4 and $5. Seeing this thing nearly hit $14 today is some kind of crazy.
Will be an interesting next few months, I think we'll see M&A kick up if these prices stick around, and if not then we'll see an increased number of companies buying back their own shares and paying dividends. Debt is getting incinerated at these prices, even with so many hedges under water.