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 Strategies & Market Trends : 50% Gains Investing

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To: Dale Baker who wrote (107734)5/8/2012 10:11:29 AM
From: SchnullieRead Replies (3) of 114733
 
It sounds to me like, best case ($95 oil), MHR is more or less dead money for a year. I don't see any near- or medium-term catalyst that will bump up the pps. Slowly turning the ship away from $2 gas, no more acquisitions (hopefully).....just grinding it out with the bit, month after month, to approach a positive but not particularly exciting production number. As they approach 17 or 18 boe towards the end of the year, the shorts may ease up but plenty of time to ease out of their positions. Maybe some LEAPS are the best way to play to this, rather than my boatload of common and D's.
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