RE:RE:RE:The Way Ahead?Sell or Hold? Makes no big difference, the deal has been announced, all cards are open and, apart from arbitrage trading, the market will ultimately decide whether the current price is fair. Just give it a few more days or weeks.
Holding, among other things, is a bet on a recovery in natural gas prices. I am not sure... record warm January or the entire winter plus Freeport outage did a lot of damage. The only way to reduce the current high storage levels is an aggressive cut in production. Possible, but not likely when E&Ps are chasing liquids producing a lot of associated gas, especially in the Permian.
Logan will probably consolidate when the dust settles. Not surprised about this management loading themselves with tons of paper. They are in the business of making money and they have done it before. We are the side effect and I don't have a problem with that. Even if I sell everything now, I will always keep an eye on new SDE and Logan.