BAK - Investing 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 : BAK - Investing

Public Reply Prvt Reply Mark as Last Read File

Previous 10 Next 10 Previous Next

From: monad	7/1/2012 9:47:23 PM
	Read Replies (1) of 3249

re: mcdep not buying gloom & doom on hgt and sjt Legal Risk Doesn’t Justify SJT Decline The announcement of a legal settlement that may reduce distribution by some 85% for a year triggered a 50% decline in HGT stock price in five weeks. Much of the decline in SJT appears to be in sympathy. If it can happen to HGT, it can happen to SJT as the reasoning might go in the minds of some. Though we can’t know the future, we are familiar with past disputes that have generally favored SJT rather than the opposite. Since there is almost always more than one party with a claim to the cash from oil and gas production, disputes can readily arise over respective shares. Even in the HGT case where the settlement amounts to a dollar a unit, it does not justify a $7 a unit decline in stock price, in our opinion (see ISCW May 25, 2012). mcdep.com (dated 6/8/12)

Report TOU Violation

Share This Post

Public Reply Prvt Reply Mark as Last Read File

Previous 10 Next 10 Previous Next