Seeking Alpha
  • Davadhyll
    I bought $MHR at 3.95, I've been working on it for days and I can't figure out why it's down so hard. Any ideas?
    3/5/13
    Reply (6)
    • Ocean Man: Delayed filing.
      3/5/13
    • jmok322: Any idea what is behind the delayed filing? Minor or major accounting issues?
      3/5/13
    • Davadhyll: It's not supposed to affect anything important.
      3/6/13
    • Davadhyll: The delayed filing is due to some king of accounting issue MHR caught, and a subsequent accounting "transition" (firing?).
      3/6/13
    • David Beard: all oil and gas investors, when calculating NAV (Net asset value) must subtract current debt as well as project debt in future and subtract
      3/7/13
    • Davadhyll: Are you referring to MHR's recent expansion of their credit base?
      3/8/13