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Magnum Hunter's (MHR -0.6%) conference call went a long way toward reassuring investors after...

Magnum Hunter's (MHR -0.6%) conference call went a long way toward reassuring investors after the delay in filing its 10-K. After changes in MHR's auditor and reserve engineer, accounting work has been overwhelming, CEO Gary Evans says; he was confident enough to issue positive preliminary numbers. After putting out today's press release, MHR received approval from all its lenders.
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Comments (5)
  • Mike Maher
    , contributor
    Comments (2732) | Send Message
     
    I think the comments that they are in active discussions with 3 parties about the EF sale are really what helped the stock come back a little bit. Either way the company didn't really say a whole lot.
    18 Mar 2013, 03:11 PM Reply Like
  • JailDoc
    , contributor
    Comments (49) | Send Message
     
    It damn sure didn't receive approval from this lender. I own 50,000
    shares, and I think that qualifies me as a lender. These people need
    to get off their butts and start producing.
    18 Mar 2013, 03:39 PM Reply Like
  • seeker_2
    , contributor
    Comments (301) | Send Message
     
    That "qualifies" you as an owner, not a lender.
    19 Mar 2013, 08:31 AM Reply Like
  • jolacious
    , contributor
    Comments (96) | Send Message
     
    @JailDoc,I am sure you have confidence in mhr, otherwise you most certainly, would not have purchased that considerable amount of shares. When catalyst is required to lift us out of this doldrums?
    18 Mar 2013, 05:21 PM Reply Like
  • mynessan
    , contributor
    Comments (2) | Send Message
     
    jaildoc,

     

    You are not a lender and if you think you are, cut your losses and sell. I'm not sure what you have been expecting but obviously you do not have a long term perspective. If you are not in it for the objectives that will take some time to be worked out, maybe you should call in your "loan" and move on.
    19 Mar 2013, 04:46 AM Reply Like
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