04-01-2013, 09:26 AM
Thanks for sharing your friend's insights, JFT. What he says regarding a quicker deal for Triceratops fits in with what I have been hearing.
I hope he is right about this being a major prod toward short covering, as I am frustrated (like everyone else here) at the stalled price of the stock since its move up weeks ago from the 50s to the upper 70s. Is this really what the market thinks is fair value for the stock absent of a "done deal?" I mean the stock spent a lot of time in the 80s and even touched 99, and this was on the "possibility" of a deal. Now we have a likelihood of a deal, a finished deal with PRE and higher Tcf in the ground, yet we sit around 76. Does no one believe we are heading to pps above 100 and maybe above 200?! Where is greed when you need it?!
I hope he is right about this being a major prod toward short covering, as I am frustrated (like everyone else here) at the stalled price of the stock since its move up weeks ago from the 50s to the upper 70s. Is this really what the market thinks is fair value for the stock absent of a "done deal?" I mean the stock spent a lot of time in the 80s and even touched 99, and this was on the "possibility" of a deal. Now we have a likelihood of a deal, a finished deal with PRE and higher Tcf in the ground, yet we sit around 76. Does no one believe we are heading to pps above 100 and maybe above 200?! Where is greed when you need it?!