Hmm i can say sell now mad will be yeagers regrett .he shld hve stayed in retirement.if output goes down it'l go under 1000bopd nt good .3d seismic test heard that before.. Never helped .seems most wells will be uneconomical.with the old ones gushing less oil.i see 20cents end of may.10 to 16cents tax season.i used to be long on mad but gave up @ 30% loss.considering mad wins top worst share 2yrs running now .so its just been too long and aint hating yeager but mad has unrecoverable oil.had to leverage myself out from a 50% loss. hence uneconomical.id come back to trade speculatively in july.EPS of half a cent and we will see it trade @ 15 to 20times earnings ...sad but its time to buy better oil shares like dls and bpt they dont move much but 6months later they are 50points up not down.mad swings too much but no more
FDM Price at posting:
27.5¢ Sentiment: Sell Disclosure: Not Held
