Ng opens the week
Posted: Tue Feb 21, 2023 9:06 am
Down another 5 %
And it's not just expiring March. The next 9 months is down .09 cents across the board. NG is heading to a 1 handle.
I repeat, avoid the gassers until further notice. No one is making money at 2.17
CRK has forecast cash flow of 1 b. The problem is cap x is higher than that. So at best they are cash neutral. Whats a business worth that isn't generating cash. Answer absolutely nothing!
SELL
And it's not just expiring March. The next 9 months is down .09 cents across the board. NG is heading to a 1 handle.
I repeat, avoid the gassers until further notice. No one is making money at 2.17
CRK has forecast cash flow of 1 b. The problem is cap x is higher than that. So at best they are cash neutral. Whats a business worth that isn't generating cash. Answer absolutely nothing!
SELL