re: fraccing..tks helpful post turtle (eom)
If only we could read the future.... What price NWE post Magnolia? One side of the heart says leave the money on the table and go for glory. The leverage is very very nice. The other side says hey stick with the mathmatics the probabilities of such an outcome are low. Meanwhile, NWE is weakening and now presents a pretty good entry price with Magnolia so close. I am sure we will see a resurgence in NWE over the next couple of weeks. I think the market is unwinding some of the high hopes for the US shale drilling and once it has that refactored in there will be new smarts looking to get a new position for Magnolia. It will not take much buying volume to turn NWE around.
acturtle
NWE Price at posting:
0.0¢ Sentiment: None Disclosure: Not Held
