Post by
xcountryskier on Aug 12, 2016 11:48am
Worse case Scenerio
Management doing its best to reduce debt but the negative environment and energy market is not co-operating. Worse case scenerio could se the SP drop to the .60 cent range especially if NG remains bearish along with WTI.
Re-grouping at this point is essential. The next report should "tell the tail". Short interest still remains a factor. WAIT.......
Comment by
yahearme on Aug 12, 2016 2:54pm
With such debt they may have to sell more assets and another offering further diluting the shares. Then I can see where it pulls back to those levels.