"In a Nov. 6 report entitled "Unnecessary Risk," brokerage and investment group CLSA analyst Eric Otto rated Continental Resources stock a sell, describing its "thesis" — that oil would rebound in price to the mid-$80s or low $90s — as "wrong."
Who knows they may be shorting CLR, but while an act of bravado by HH it still seems odd that a BoD would approve such an act (of recklessness).
Just another data point.
SSN Price at posting:
1.2¢ Sentiment: None Disclosure: Not Held