04-27-2013, 01:49 AM
Do I have this correct?
1) we are up $6 this week on over 4 million shares traded the first 4 days
2) the CEO "retired" effective in a few days
3) Collin stated CEO retirement was part of the process
4) RJ, Westlake, and MS stated this was a positive development
5) First Shell was identified as the sell-down partner, now the press says Exxon and Total also invloved
6) PRE seems quite delighted with Tricertops and said a "beauty contest" is currently underway. Also, multiple wells to be drilled over 2013, 2014.
7) A new Shareholder Rights Plan was adopted
Did I miss something? I don't know whether Phil resigned or was pushed out but it sure seems that all signs point to a significant deal on the horizon. Not a bad week.