Replies to post #299 on Stone Energy Corporation (SGY)

[StrategyTrader]

Do some more DD check WTI they did the same took out all cash out similar to SGY many others why? Because bets are in place for higher oil prices

Even 40 dollars s barrel they will profit.

The smear campaign from analyst don't work anymore because they helping their hedge shorts from getting there face ripped off.

I am bullish on SGY it s going to rebound after this weekend minds will digest this news as positive.


Imho

St

[dude iligence]

I saw this as s great buy in 2009 and watched it grow from $4 to ?? - more or less a 10 bagger ... but near future prospects I am most uncertain about since this recent news.


So you sat and watched this 10 bag without taking a position

or did you buy at $4 and never sell. Management should have learned from the near death in 2009 to cut costs and debt but they didn't after all its not their money its shareholders. They just print themselves some new ones shareholders work for theirs.