RE:RE:RE:RE:RE:RE:Kelt the Opportunity is revealing itself..What a moronic comment on your part. It doesn't take a genius to see that ARX will be going much higher.
Thanks for proving the long-term bull case for a company you've been public trashing for the last four years.
Why anyone listens to anything you have to say is completely beyond me.
MyHoneyPot wrote: 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