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Imagine that. An oil producer drilling holes.
1 posted on 05/04/2015 1:45:22 PM PDT by Citizen Zed
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To: Citizen Zed

Ace Ventura: “Oh, my GOD! Einhorn is a man! “


2 posted on 05/04/2015 1:50:26 PM PDT by PeteePie (Righteousness exalts a nation, but sin is a reproach to any people - Proverbs 14:34)
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To: Citizen Zed

those b@stards!!!

I will put my money an AMERIAN ingenuity to get fracking to as low a cost as needed to profit with 50 60 oil.


3 posted on 05/04/2015 1:50:50 PM PDT by dp0622 (Frankie Five Angels: Look, let's get 'em all -- let's get 'em all now, while we got the muscle.)
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To: Citizen Zed
Einhorn, who often unveils so-called short-bets against companies at these events, cited Pioneer Natural Resources Co (PXD.N) as a particular offender

Was he short this security at the time? Will he buy it when it bottoms after his remarks?

4 posted on 05/04/2015 1:57:42 PM PDT by Dr. Thorne (The night is far spent, the day is at hand.- Romans 13:12)
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To: thackney

Ping.


5 posted on 05/04/2015 1:57:53 PM PDT by Army Air Corps (Four Fried Chickens and a Coke)
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To: Citizen Zed
The company is losing 20 cents of present value for every dollar it invests.

... on full-cycle costs, perhaps, but PXD isn't doing that.

I guess Einhorn is short and jawboning it lower..

6 posted on 05/04/2015 2:04:06 PM PDT by Praxeologue ( ')
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