All of the Sweet 16 are down this morning on overall market weakness, but Bonanza Creek is getting hammered because of the unexpected retirements of Gary Grove and Pat Graham. I have no idea what caused these sudden "retirements".
Investors usually read too much into things like this. Sometimes people just want to move on and do their own thing. Being an officer of a public company creates a lot of stress.
Bonanza Creek (BCEI)
Bonanza Creek (BCEI)
Dan Steffens
Energy Prospectus Group
Energy Prospectus Group