Post by
Canadude25 on Oct 11, 2016 10:40pm
NBZ is in jail
Won't get out of jail until dividend is cut and DRIP is cancelled. Oil is going up and this stock continues lower. When the market starts to tell you something you had better listen!!
Comment by
ppp on Oct 12, 2016 10:10am
As long as they keep paying down debt with money they save from the drip, EV value stays the same. I wonder if may be the hedge for 17 and 18 is not part of the problem. 10,000 bbls for 17 and 6000 for 18 all around 50 a bbl, limits upside if one thinks oil is moving higher.
Comment by
tvstock on Oct 12, 2016 1:20pm
It's the fear of a stock price plunge upon dividend cut that scars away buyers. Totally undervalued in terms of EV/boed. Even JOY is moving up these days. Plover production is improving per latest presentation.
Comment by
xbox360 on Oct 13, 2016 9:44am
nbz is not a stock for poor people lol. to gain money from stock investment, you need to have adequate amount of capital base otherwise you will get **cked over every time anyway.