RE:6 months of House TradesKcac1, I just read the Icahn story. Stock is down another 21% today. The assets backing the stock are overvalued says the Hindenburg short report.
Yeah I'm in no hurry to buy this stock. Especially if they finish the well with no fanfare or big announcement and plug it to be re-entered and tested later. Maybe all we'll get is a curt press release saying that drilling operations have been completed and the rig has been released. If they have no sense of urgency to move the sp up then I won't have any sense of urgency to buy it.
I want to eventually buy it though. But I don't want money tied up for years.