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pete807

11/11/15 5:33 PM

#1735 RE: jugs #1734

It will be interesting to say the least. Will NTI drop in price much before the next announcement? Maybe not with the deal in play and WNR up considerably since the offer. Will the exits be clogged with year end selling? Will the price of oil dip to the thirties? Seems a strong possibility. I am watching UWTI for an entry in that case. I won't panic sell WNR if a mad rush occurs and I have to reluctantly own it.
I think what will happen is WNR will increase its paltry dividend and get an upgrade when they get all the cash flow from us! Credit Suisse will have motive loaning free money they now get to collect interest on. But I do not see us losing much on the deal as we are in a good place holding NTI. We don't need more and we don't need to panic sell. If it takes time and meanwhile NTI shows another strong quarter.... hmmmm Hey WNR, show me the money! Anything over 30 for starters. GLTA!