RE:RE:RE:RE:Sky Fire's reason for posting?tsoprano24 wrote: " The Market has already figured out that Surge will soon be having a FCF squeeze and they must re-adjust their guidance."
Completely disagree. Oil is being walked down and Surge is following it down along with most other oil companies. The case for oil is as strong as it was months ago as is the Surge story. You have some profit takers, margin calls creating selling and scared investors looking at more raises by the Fed. Looks like a buying opportunity.
T
So you believe that Surge can continue it's planned increased returns to shareholders when we all know that it's FCF is being reduced daily?
Sorry Toney, but it ain't gonna happen.
Kherson