04-02-2015, 08:33 AM
["We were $100 before year end, two years ago (Dec 6)...just saying"
Perhaps there was a little bit of froth in that at the time, it's not the measure of all things. The market clearly run up in the expectation of a deal and sold off on the deal itself. We've gone through this, the certification needs, the price/mcf total is paying, the time to FID, etc.
What you also should not forget is that if there is no immediate reason for a stock to go up, it usually goes down.
But this is all hindsight, of course..
Perhaps there was a little bit of froth in that at the time, it's not the measure of all things. The market clearly run up in the expectation of a deal and sold off on the deal itself. We've gone through this, the certification needs, the price/mcf total is paying, the time to FID, etc.
What you also should not forget is that if there is no immediate reason for a stock to go up, it usually goes down.
But this is all hindsight, of course..