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Think Denbury found its bottom

Posted on 11/28/18 at 7:18 am
Posted by braindeadboxer
Utopia
Member since Nov 2011
8742 posts
Posted on 11/28/18 at 7:18 am
At 2.33 after hours and has been sitting in the 2.20’s for a couple weeks.

That’s a $4.50 stock by next August if you ask me.
Posted by TTU97NI
Celina, TX
Member since Mar 2017
1109 posts
Posted on 11/28/18 at 7:39 am to
Why? They do minimal drilling and exploration. They are selling MS assets, and adding where?

There dagger was selling the Bakken play when they did.
Posted by Enfuego
Uptown
Member since Mar 2009
9883 posts
Posted on 11/29/18 at 1:03 am to
Wondering if the pvac deal will go through. Basically got acquired at a discount after denbury stock free fall
This post was edited on 11/29/18 at 1:04 am
Posted by RadThibodeaux
Houston, TX
Member since May 2015
723 posts
Posted on 11/29/18 at 1:17 pm to
(no message)
This post was edited on 7/23/20 at 4:13 am
Posted by TheIndulger
Member since Sep 2011
19239 posts
Posted on 11/29/18 at 2:06 pm to
Their bottom wasn't $1.23 a year ago?
Posted by PetroBabich
Donetsk Oblast
Member since Apr 2017
4622 posts
Posted on 11/29/18 at 9:23 pm to
Awesome point. What is preventing it from going lower than its current price?
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