RE:Reality is seeing a NEW year low and looks likeSo a stock already down more than 50% from peak levels just over a year ago, and you're trying to say that folks haven't accounted for all of this? That the market hasn't had the wherewithall to factor this into the current stock price already? Or are you just assuming the existing assets are worth nothing?
Just trying to figure out your rationale for a $2 handle.
Potadvisor1 wrote: this could be heading to the 3 year low in the 2 dollar range. By what I see happening to the share price, investors are and have spoken. Tons on NG available, weather was warmer above average unti early Jan 24, and looks like the two week cold spell is over and warmer weather comming next week.
The new CEO siad they did NOT hedge last year and I can't believe companies like this and CR did not hedge at least 60% when NG hit 9 dollars. Now that is when I say a grade 2 surtdent could have ran these companies better than they did. LOL Unfreakenbelievable.