IAE.v/IACAF -- I and most analysts did not see it as bad, even though Q2 production and next Q3 production are at the low end of the expected range. But it was still at about 14,000 boepd and there was plenty of other positive news. But obviously, it was not good enough. There have been a few hints that there could be a prospective buyer trying to keep the stock price down, but I don't know what to make of that type of rumor. I know if I wished to buy a company, I would at least work to establish a 5% position before making an offer, and I can't see a good reason to short Ithaca, so I can only wait and see what news comes out next. I did buy some more today, adding to my already overloaded position, and was surprised to get filled fairly fast at the ASK, which was not generally the case in the past year. Maybe I need to start complaining like Wade. Just joking, Wade.
tmcal6
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