Yes MMP I do think they can meet this, but agree given hedging locks 80% of revenue now, the main risk is operational (production, controlling capex)
I saw this $6M benchmark for another company and I think SEA went into a little detail in a conference call too (an analyst may have brought it up).
I am just so happy whoever tried to short this on Friday is going to be burned tomorrow.
Let's watch them scramble tomorrow.
I think we see the 50 club and a new 52 week high again tomorrow, and this time I think we hold 50!
@xmanrocks are you an investor in this, given most of your fears should now have been mitigated, or still planning to still only hold on for a trade? I am glad you got in today, because I think tomorrow will be a fun day to watch!
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Yes MMP I do think they can meet this, but agree given hedging...
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