Big gamble Doc for a small profit of midpoint price! Assuming you’ve sold 10 mil today, still holding 196 mil and at this rate need another ~20 days. Even if the next announcement releases end of next week, you’d still be left with 110 million shares.
That’s at least half a million dollars worth, especially if you believe the price would tank.
But then as they say you bet big you win big.
Ann: Hickory-1 Upper SFS Zone Flows Light Oil, page-324
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