RE:RE:RE:RE:RE:RE:RE:RE:RE:NG NEWSWell I will defer to greater minds than mine. I am just happy to have grasped the concept and that it could be completely theoretical.
I will also use a line to thank you for you thoughtful response and explanation. It is most appreciated
I will also use this post to comment on and thank Yasch for his article as it seems the companies that believe in hedging are very busy trying to build a better mousetrap. I didn't see them make mention of companies going unhedged.
I would like to pose a question if anyone feels like responding. CVE unwound a lot of hedges and ARX suffered through theirs amassing sizable hedging losses. Would PEY have benifited from unwinding their hedges even though they are proving to possibly be beneficial now.
GLTA