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Forum - Wall Street Pit    Stock Due Diligence for All

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From: spuds (Rep: 356) reply to deaconmikeDate: 03/29/2020 23:26
Forum: Wall Street Pit - Msg #2829678Thread #674137985 (Rec: 0)
for many of these soon to be bk companies the only real value is in the leases ...these will be bought in bankrupcy court or on the court house steps



spuds


Reply to deaconmike - Msg #2829677 - 03/29/2020 23:17

Re: I have been watching oil like a hawk.

Look at all the smaller oil companies based in Houston that
are being negatively affected by the low oil prices.
Some might go out of business but wouldn't surprise me to see
several merge with others or get bought out by larger companies.
APA and MRO maybe
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