Replies to post #719 on Mesa Energy Holdings, Inc. (fka MSEH)

[biztech]

germanium123,

The changes in value of derivates fluctuate and not a bet, rather a requirement by lenders to hedge commodity risk. They do it because its the norm, IMO.

I think they did okay considering the shut-ins and what could have been a worse situation. In the end, their cash is intact and they can use that to drill.

Or to use as leverage to borrow, again to drill.

Question is: when do they drill?

Investors are disappointed because its past the end of the month and no word on the end result of the merger...we want answers, and rightfully so.

I'm optimistic a better deal will come about and we will receive a decent ratio. On the other hand, we will be stampeding out if we end up with AOIL so the new stock price may get hammered out the gate from .82 where it is to half that. So, that could essentially put is in a similar situation or slightly above.

I'm patiently waiting for the day the final outcome on the merger and real confirmation that drilling went from a plan to in progress....

good luck