Replies to post #14202 on Viewer's Choice

[littlejohn]

EGY is forever off my watchlist...

so we watch...LJ

[littlejohn]

EGY is worth 3 to 4 times the .56/share

annual earnings for 2023...

EGY appears a public listed front to

me for Gabon and Egypt to collect

massive taxes off oil/gas production...

AKA production sharing agreements...

EGY full year earnings best depict that

versus popup 4th quarters that they

report each year...

EGY has to account for the big production

revenue costs, aka taxes, in the 1st three

quarters of each year typically...

Took me a few years of losing a little in

it and some time to learn it...

EGY hedges based on what Opec expects

so that is worth following...


So we watch...LJ

[littlejohn]

Opex Friday has potential to stall or

stretch tech capabilities of the

market this time around...

A record number of options are

expected to be on chopping block...

Did some roll over activity on Thursday

in case it causes some big unexpected

price drops anywhere...

At some point, the big prop up in play

could get out of balance temporarily...

hopefully not humpty dumpty style...

So we watch...LJ