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Continental Resources unwinds its crude hedges - takes $433MM gain, goes naked
Posted on 11/6/14 at 4:06 pm
Posted on 11/6/14 at 4:06 pm
Some balls on this guy
This post was edited on 11/6/14 at 4:07 pm
1
Posted on 11/6/14 at 4:14 pm to sneakytiger
Unhedged, but I wouldn't necessarily call this naked. They do own the oil after all.
Still, he's taking on someone with much deeper pockets. He does have a set.
Still, he's taking on someone with much deeper pockets. He does have a set.
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