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sbow in play?

PostPosted: Wed Sep 21, 2022 11:26 am
by Fraser921
https://www.sbow.com/investor-relations/Investor-Relations-Press-Releases/news-details/2022/SilverBow-Resources-Adopts-Limited-Duration-Stockholder-Rights-Plan/default.aspx

The Board adopted the Rights Plan in response to recent significant accumulations of portions of SilverBow outstanding common stock


> we can't have that! The name is down 5 % today and over 35 % in 4 weeks with all the accumlations

Anyone with an opinion on this name?

Re: sbow in play?

PostPosted: Thu Sep 22, 2022 8:06 am
by farrell90
I have been buying the dips and have accumulated a position that's out of proportion for my portfolio. I expect to do well...we will see. Too many factors are positive for this company to ignore.

Re: sbow in play?

PostPosted: Thu Sep 22, 2022 1:23 pm
by farrell90
Ouch, down again

Re: sbow in play?

PostPosted: Fri Sep 23, 2022 12:47 pm
by mrbill
Love to hear some opinions on what is going on with SBOW now?

Re: sbow in play?

PostPosted: Fri Sep 23, 2022 3:33 pm
by Fraser921
Management protecting their rear ends is what's happening

https://d18rn0p25nwr6d.cloudfront.net/CIK-0000351817/57876789-3ce5-4712-b407-55b80bb6df94.html

Someone took a 14.7 % stake . That's why management blocked them with poison pill

Re: sbow in play?

PostPosted: Fri Sep 23, 2022 6:00 pm
by dan_s
SilverBow is going to report strong Q3 results.

Even if WTI averages $75/bbl in Q4 and 2023 and HH gas averages $7/mcf in Q4 and $5/mcf in 2023 my stock valuation would still be $100/share.