YEEHAW CANDIDATES Message Board

STOCKTALK

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor. We ask that you disable ad blocking while on Silicon Investor in the best interests of our community. If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.

Strategies & Market Trends : YEEHAW CANDIDATES

Public Reply Prvt Reply Mark as Last Read File

Previous 10 Next 10 Previous Next

To: Ditchdigger who wrote (2532)	7/8/2003 9:55:25 PM
From: Ken W	Read Replies (1) of 23958

Ditch You are the man when it comes to explaining hedging on oil and gas stocks. I'm looking into MSSN. They are hedged in the mid 3 to mid 4's thru 2004. Now, as I recall this is a good thing if prices on NG fall they are locked in on their reserves....I'm I correct? On the other hand they are hedged at 5000 cmf per day, so if they pump more than that do they get the benefit on the overage? Anyway, I like the book value on the company and that they retired a sleu of debt. It has come a long way, price wise, buy insiders have been buying just below the current level...The really long term chart says this could go to 4.00. As an aside, and on our discussion of oil and gas in general...what happens if Iraq falls apart or their is a world wide upheavel due to the mideast mess? Ken

Report TOU Violation

Share This Post

Public Reply Prvt Reply Mark as Last Read File

Previous 10 Next 10 Previous Next