Member Info for SharkSaber

If it's not the fact that oil prices came crashing down for both Brent and WTI crude respectively at $71 and $68, the SP would have probably stayed within the 125-130 range at least. Not only was SQZ hit hard on the way down, but others too like HBR, ITH, even majors like BP and Shell too kept seeing their sps coming down as well. So hence SQZ's slide isn't an isolated case of a bad fundamental stock going down here if a whole O@G sector is coming down too. I will really worry if most stocks within the sector are doing well and SQZ is the only one with a bad share price performance. This might be the bottom call here probably.

The bod had to be really confident in the company's future cash flow generation here to be able to give out the 9p interim divi despite the atrocious SP at current, and I take that as a good sign of upward confidence unless if they screw up in their future plans moving out of the UK.

With all that has been discussed so far on the message board here , it's boiled down to three probable conclusions:

(1) Get bought out by Mercuria or any takeover party at a very low SP at current price or much lower. ( It's possible)

(2) The share price will stabilize between 110-120 plus for a period of time until something positive comes along from the BOD and propels the share price upward further. ( Very likely)

(3) The share price keeps going down relentlessly by weak holders and getting pummeled all the way down to zero by shorts, leaving us completely bare naked financially and angry. ( Most unlikely )

Lol your 'storm' had finally calmed down after your previous message rants there. I thought at first you went drunk over your sp losses or so when you spill out your mind here. I sure know that SQZ isn't going down to zero for sure. It's just a matter of holding on tight while the hurricane force storm passes by eventually. Some good old common sense will be knocked down hard on the Labour clowns' heads for sure. I believe we might see some good news ahead as I don't think the current BOD would want to see their ship sink here after growing the company into one of the largest independent O@G producers in the UKCS.