this is all very confusing. a real head scratcher. The rise of CNX has been nothing but steller!
yet, the rise is somewhat baseless in the context to what has already been announced to market. I can only postualte that perhaps there has been some much greater brokerage coverage or some derisking and appropriate rerating for the enterprise value associated with Carbon Energy and its future opportunities. Any takers on this???
I have sold down some of my stock recently. Happy with the gains and will look for a lower reentry, if not I will have to grin and bear it as it rockets off : )
Cheers,
SF
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