SFY

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bearcatbob

SFY

Post by bearcatbob »

Nice strength recently. Is the NG property sale approaching?

FWIW - if the value of the product being sold increases significantly during the sale negotiation period - does the negotiation get more difficult?
dan_s
Posts: 38278
Joined: Fri Apr 23, 2010 8:22 am

Re: SFY

Post by dan_s »

I talked to them a couple weeks ago and they said the "hoped" the sale of their Central Louisiana package would be announced in April.
Dan Steffens
Energy Prospectus Group
bearcatbob

Re: SFY

Post by bearcatbob »

dan_s wrote:I talked to them a couple weeks ago and they said the "hoped" the sale of their Central Louisiana package would be announced in April.

Perhaps they will make it by the end of April. Price action is strong - but volume is nothing exceptional.

Bob
dan_s
Posts: 38278
Joined: Fri Apr 23, 2010 8:22 am

Re: SFY

Post by dan_s »

http://www.fool.com/investing/general/2 ... ompan.aspx

Read the article above if you own SFY. I agree that when they announce sales and a JV partner for the Eagle Ford, the shorts will get hammered.
Dan Steffens
Energy Prospectus Group
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