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The Water Cooler
General Discussion
Are low oil prices helping or hurting you?
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<blockquote data-quote="LOKNLOD" data-source="post: 2790441" data-attributes="member: 4165"><p>I think Shadowrider is on the right track. Management seems genuinely surprised somebody has bought them "yet". I think that's because the industry still doesn't collectively see a horizon on this downturn yet -- it's a timing game as to when you're willing to take on the burden/benefits of acquiring a co with CHK's situation. If you're in a position to buy, instead of be bought, in this maker you've probably been smart with your financial, and smart money buys when the upside is larger than the downside - not yet.</p></blockquote><p></p>
[QUOTE="LOKNLOD, post: 2790441, member: 4165"] I think Shadowrider is on the right track. Management seems genuinely surprised somebody has bought them "yet". I think that's because the industry still doesn't collectively see a horizon on this downturn yet -- it's a timing game as to when you're willing to take on the burden/benefits of acquiring a co with CHK's situation. If you're in a position to buy, instead of be bought, in this maker you've probably been smart with your financial, and smart money buys when the upside is larger than the downside - not yet. [/QUOTE]
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Are low oil prices helping or hurting you?
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