Post by
Momo25 on Dec 06, 2024 10:19am
An action plan
Oil and Gas Investors are playing a bad game over there. Given the fact the market is over supplied in the context of economy weakness, they are pushing small companies that have not enough bandwith to bankruptcy. What SGY needs to do is to merge with a pear like Cardinal Energy that has same profile in terms of revenue but better gross margin and much less debt. This merger will boost the share prices of both companies while making them survive longer.
Comment by
Momo25 on Dec 06, 2024 11:02am
Peer not pear. unless SGY is apple (lol)