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To: maggief
Good sign!

AREX, CLD, MCEP, XCO, and others in the shale space are all down substantially as of right now, nonetheless.

10 posted on 05/13/2016 11:01:32 AM PDT by Steely Tom (Vote GOP: A Slower Handbasket)
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To: Steely Tom

That isn’t ....probative, or indicative.

LINE went BK the other day. This is a deeply troubled space and is destined to stay so, IMHO. If they are valid bottom fishing candidates, they are only so for the very, very patient. Very. (oil reasonable smackdown day, as well, /CL off almost a buck earlier)

There are many more BKs to come in this space (fact) and IMO it is toxic. (opinion)


16 posted on 05/13/2016 11:09:01 AM PDT by Attention Surplus Disorder (I apologize for not apologizing.)
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