re: market manipulation 101
Good post OMR but I think you're just a little bit sanguine about the market knowing all this stuff and not expecting much reaction if/when the writeoff comes. After all, not much more than a year ago it was known that PSA was up and producing from West Cameron, it was known that US NG prices were sky high, and the shares were still trading in the 20's or something ridiculous.
If the market was perfectly efficient we might as well just throw darts at the stock tables to make our buy / sell decisions ....
PSA Price at posting:
0.0¢ Sentiment: Hold Disclosure: Held