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We Still Have A Buck In The Till; We’re Solvent
Article By:
David Merkel
Sunday, August 30, 2015 4:10 PM EDT
Imagine that you are in the position of a high cost crude oil producer that has a lot of debt to service. The price that you can sell oil for is high enough that you make some cash over variable cost but too low to recoup costs of development.
Stone Energy: Undervalued, But Watch The Price Of Crude
Any updates on $SGY? The company has faired rather poorly over the last year.
Short Setups For The Last Exiting Bear Holdouts
Couldn't agree with you more @[Alan Pennock](user:31485). Closed out my short on $IBM and shorted $SWHC and $SGY.
Short Setups For The Last Exiting Bear Holdouts
I agree on $IBM blue, I closed out my short awhile ago. Waited a long time but with all the insider trading, buying off the mkt. and giving themselves options for pennies on the dollar, esentially robbing from the investors, employees, and customers, their ponzi scheme was sure to #crash, and it did. I am short $swhc and $sgy. #StoneEnergy is in a world of hurt. Borrowing just to stay afloat and if #oil doesn't rebound anytime soon they are toast. Say hi to Vivian Lewis for me, an old friend from stock gumshoe. I think Travis has made some bad decisions lately. A real shame. Best to u always. alan