yeah, I have fun running scenerios like that through my mind also.
but, we could still end up with a long tail down after the hearing for awhile.
i prefer to think more in terms of minima.
it seems very likely that mosh deserves and will very likely get _something_.
we know pxd can probably shell out 30 - 70 million without hardly blinking - pocket change for them, based on past settlement in kansas.
so that's, what .50 to $1 per unit.
we're pretty sure royalties are back on line so that would be at least around .30 added per unit as a value.
so, .30 + .50 = .80, so, .75 minimum val/unit at some point in not too distant future..
although i normally dislike holding stocks waiting for some "big event" that usually doesn't materialize, ot takes about ten times as long as expected, and is usually less than expected, but, at least for me, so far, it still seems worth making an exception here.
the anonymous id poster who in effect started the rumor about $400m offer actually had kind of a negative effect on my sentiment since there were a couple of material errors in his remarks, for example the bank is not chase, and mosh doesn't have any holdings in new mexico. so, pxd raising capital may or may not mean anything.
I don't know what's going to be harder. holding if it dips lower or actually it may be harder to hold if it goes up past .75 since beyond that level could start to consider overbought based on settlement amount being unknown even though some sort of award/settlement being likely...
the zillion dollars sure would be nice though...
must...hold...out...<g>
