KIK (On BCEI) First of all I don't think the chances of passing are very good, and when I say I mean like very little chance of happening. Can't see how a state would want to risk those kinds of jobs and taxes coming in. Just can't see that.
But lets just say it did happen, based on what I read I don't think BCEI will be affected than again I'm not at every acre with a tape measure to know for certain. But considering I think it is a small risk that it passes, like a very low % by a very low % that it really effects bcei operations I don't think it is much risk. I don't believe that for a second is what driving the stock down, I would say energy sector as a whole has been weak, technically it broke down (hence technical selling), and thirdly I still don't think the market understood they actually raised production, but the market hasn't (in my opinion stupidly) factored in the sale. All is just my opinion, and I could always be wrong though.
