RE:RE:RE:RE:RE:Kelt the Opportunity is revealing itself..I bought ARX because the bought back 130 million shares and were trading at 22.69. Effectively they bought back 18 percent of their stock and were trading at a very low evaluation. They had paid 26 dollars for stock buybacks a few weeks before and they had a dividend payment coming up shortly.
Also we are entering heating season, and i am sure there will be a trade when the shutin gas at sunrise is brought back onstream, and they were going to spend the rest of the capital they got from a disposition on buybacks to artifically prop the stock up more, then with attachie ramping up in the 4th quarter.
Effectively ARX is trading at $18.63 and 4 dollars of each share is a product of them buying back 130 million shares.
It a seasonal trade I think there is better places to put you money.
IMHO