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Big sign it's probably done - big increase

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Drill Baby   Wednesday, 12/17/14 02:01:51 PM
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Big sign it's probably done - big increase in oil price and the stock drops big - market is saying this company will not likely make it.

The financially strong companies will come out of this extremely strong.

Like EOG, CLR, and CRZO to name a few. If EF and STTX are lucky they will get bought at a fire sale price. This is when you start negotiating with companies that didn't over extend themselves.

Huge bargains out there for those with cash and low debt. Not sure if we have seen the bottom in price yet, so the best timing is uncertain.

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