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Re: Drexion2004 post# 2172

Monday, 04/23/2012 6:41:52 PM

Monday, April 23, 2012 6:41:52 PM

Post# of 3470
BAJ, sure prices in the mid 50's are certainly attractive. No doubt about that. That said I'm not sure what comes next and how low it could go especially in these horrible market times when it comes to everything that's commodity related.

I think it's clear that Greenslade needs to go after this debacle. I for one do not believe that he didn't have any clue about this stuff coming up before the proxy fight and the meeting.

I wish I knew what Mount Kellett is thinking now. Afterall they are down more than 50% on a pretty big investment. As far as I know they can't just buy more since they are already at the 20% threshold right?


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