RE:RE:UtikimaDusters happen all the time. What I find odd is that HWX went so far out of its way to release press on the empty wells and then announce that they will not be giving any more updates until around the next quarterly report - and we know that there will be other well results in the interim. Why not release all well results like this along the way?
They didn't have to release any news on those wells and could have diluted the bad news with better news on subsequent wells they are drilling now at the next quarterly report like everyone else does and like they have been doing routinely until just this one time.
Very strange. Do they want the price to stabilize/be lower for someone/something? Maybe accumulation opportunity for someone before the dividend starts?
I am struggling to make sense of it. I would love to hear from some of the other sharp posters on this board.
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