May be I am not to smart, but I feel terribly dissapointed.
We where all waiting for this deal to go through thinking that if would happen the stock price would rocket. Share price rose to 80c on expectation of a deal, stayed around the 50s for a while and started to decline on no news and news that Cue was playing hardball and of course the possibility of the deal falling through and mEO having to find another farmin partner or drilling themselves.
Finally the deal happens and MEO hits 44-48 from 37 and is still under a heavy selling pressure. Unbelievable, people in this thread where saying that the price would go anywhere from 60c ( conservatives ) to over 1.00. What happened, can anyone please explain as I am stunned.
the mother of all dissapointments
-
- There are more pages in this discussion • 40 more messages in this thread...
You’re viewing a single post only. To view the entire thread just sign in or Join Now (FREE)