Well, well.... looks like the bond price is going UP. No wonder the shorters are all quiet about it. Now what do they keep on saying about the bond price? Oh yes, if it's going down the that's bad for equity shareholders and if going UP then it's good. Bond price at 80.50. Highest it's been since Aug 2016. So if it's heading back to the $1 float price then that tells me the bondholder know that a debt deal has been reached. No wonder you're seeing block-buys. Those in the know are piling in… Read More
I think the spark for the buying is the announcement by Third Energy that they are beginning the workover process which I think ? Is the beginning of the hydraulic fracturing process, so first shale gas within a few weeks.
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