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  • Crystal River’s Q2 Write-Downs Could Bankrupt the Company [View article]
    <quote>Since I own puts and am not short the stock, I actually would prefer the company to make one final dividend payment, since that would reduce book value and thus stock price by about the amount of the dividend, if not more. But it is just not going to happen.</quote>

    Dividend payout is already priced in. In fact, once they pay the stock will probably bounce.
    Jul 05 21:45 pm |Rating: 0 0 |Link to Comment
  • Crystal River’s Q2 Write-Downs Could Bankrupt the Company [View article]
    <quote>Since I own puts and am not short the stock, I actually would prefer the company to make one final dividend payment, since that would reduce book value and thus stock price by about the amount of the dividend, if not more. But it is just not going to happen.</quote>

    Dividend payout is already in the stock price. In fact once they do pay, CRZ will probably bounce up.
    Jul 05 21:37 pm |Rating: 0 0 |Link to Comment
  • Is Invading Venezuela a Good Way Out of an Oil Crisis? [View article]
    They don't "hate us for our freedom". It's actually this kind of ignorance.
    May 27 10:32 am |Rating: 0 0 |Link to Comment
  • The Truth About Oil Prices [View article]
    I think it's "have [driven]..."
    May 27 10:28 am |Rating: 0 0 |Link to Comment
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