RE:what I find interestingI'll add to your history lesson that in that time period they've also paid down lots of debt and bought back lots of stock with the prospect of much more in both those areas of the balance sheet.
nikolaos wrote: Between the dates of April 1-8 BTE was trading between 5.55-5.67 for the closes, while wti was trading between a low of 92.65 and a high of 102.64 for an average of 97.23.
This was before the q1 release and here we are, within that same range today, nearly 2.5 months later and a whole lot of free cash generated.
In my opinion, the last couple days of 10% + drops are not based on fundamentals, rather a fear and panic of the markets mixed with a lot of margin calling. Cant tell if this is the bottom, but the bleeding will have to stop soon. GLTA and dont sell your shares for cheap.