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Callon Petroluem (CPE) 800% spike

Posted on 8/10/20 at 7:35 am
Posted by Rendevoustavern
Member since May 2018
1544 posts
Posted on 8/10/20 at 7:35 am
Up 800+% pre-market @ $10.03
I can't find news, anyone know what is going on?
Posted by TigerCrude
Member since Oct 2019
1878 posts
Posted on 8/10/20 at 7:36 am to
Not sure, but it looks like I missed another big gainer. :(
Posted by BottomFeeder
Northshore
Member since Nov 2013
83 posts
Posted on 8/10/20 at 7:38 am to
Actually, CPE had no increase. It was a 1 for 10 reverse split.
Posted by TDsngumbo
Alpha Silverfox
Member since Oct 2011
41584 posts
Posted on 8/10/20 at 7:41 am to
Son of a bitch!!! I bought 50 shares at .47 each this spring as a “what the hell, why not” thing. When I saw this thread I got excited then saw your post and deflated faster than I did when I saw the current pic of Rachel Ray on the OT thread this morning.
Posted by Rendevoustavern
Member since May 2018
1544 posts
Posted on 8/10/20 at 7:45 am to
When did split go through? Google doesn't reflect the split on their charts and Fidelity doesn't have any news on it either.
Posted by TDsngumbo
Alpha Silverfox
Member since Oct 2011
41584 posts
Posted on 8/10/20 at 7:48 am to
It’s in on Fidelity. My share price is now over 11.00/share.
This post was edited on 8/10/20 at 7:50 am
Posted by GeauxGutsy
Member since Jul 2017
4716 posts
Posted on 8/10/20 at 8:06 am to
1 for 10 reverse split
Posted by LetsgoGamecocks
Member since Sep 2014
2916 posts
Posted on 8/10/20 at 9:24 am to
10-1 reverse split
Posted by LetsgoGamecocks
Member since Sep 2014
2916 posts
Posted on 8/10/20 at 9:25 am to
This was announced with the Q2 earnings. Higher price should help with the shorter and overall volatility
Posted by Paul Allen
Montauk, NY
Member since Nov 2007
75193 posts
Posted on 8/10/20 at 9:42 am to
Are they still operating out of Natchez?
Posted by tigergoon27
Baton Rouge
Member since Mar 2012
301 posts
Posted on 8/10/20 at 10:28 am to
No, they closed down April/May and moved to Texas I think.
Posted by Double Oh
Louisiana
Member since Sep 2008
17801 posts
Posted on 8/10/20 at 12:22 pm to
I still think they might be in Natchez but not sure. Last time I dealt with them it was in Natchez 4/5 months ago
Posted by ShaneTheLegLechler
Member since Dec 2011
60152 posts
Posted on 8/10/20 at 12:49 pm to
I believe they still do some regulatory and accounting stuff out of Natchez but not much. Pretty much everything out of Houston now.
Posted by SalE
At the beach
Member since Jan 2020
2414 posts
Posted on 8/10/20 at 12:58 pm to
Yes..
Posted by quail man
New York, NY
Member since May 2010
40926 posts
Posted on 8/10/20 at 1:00 pm to
Petroleum will do well this year with outdoor dining though. All those heat lamps running on it. Hank Hill would be proud.
Posted by Decisions
Member since Mar 2015
1475 posts
Posted on 8/10/20 at 2:50 pm to
quote:

still do some regulatory and accounting stuff out of Natchez


Nah, even that got shut down and moved. The building downtown is empty afaik.
Posted by ShaneTheLegLechler
Member since Dec 2011
60152 posts
Posted on 8/10/20 at 3:03 pm to
Ah never mind then
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