maybe it's jitters over hamm's divorce settlement, as in what will she do with her up-to-3b in stock. probably very little chance of that being the reason.
i think it's 2 things.
1) falling crude price. because of high transport costs, their margine is squeezed disproportionately.
2) a shortage of rail infrastructure is hindering oil from the bakken north. alberta is getting creamed.
but then.....i could be wrong.
oh, they did say they were looking to aquisition for growth....debt or dilution?
getting toward my buy point here. as soon as opec decides to support the price a bit -- we run.
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