10-01-2014, 02:18 AM
'Getitrt2' pid='50247' datel Wrote:Palm, given the information we got this morning, what makes you think there is anything else about the drilling that is material enough to require disclosure? Working on how what can be done? Disclosure of drilling information, or what? What kind of "corporate transaction negotiations" do you think could be going on to warrant withholding of material information, and what kind of information? You may think others should have been buying, but nevertheless the significant buying by Brown it seems would indicate there is no Company or material information reason for them not to be.
Two key types of material info:
1) Drilling status and it's fruits
2) Corporate transaction negotiations. SM partner selection, JV/Farm-in negotiations, Merger talks, Refinery sales.
Laurie could buy as he is betting on successful #1 and knows nada of #2
Hession and top team have been occupied with #2 per closed deals and M&A news reports.
Hession's $500,000/T incentive package will pay him off years ahead of any direct pps appreciation.