Stock is at 2.51. What a joke...... are you trying to put swn in the ground?
11 replies (most recent on top)
$2.51 is just a speck in the rearview mirror. $2.18 today. Way to go Billy Way.
So what's that, roughly $100M loss? Way can recover that in his sleep with another G&A cut.
In all of Way's wisdom, we have already repurchased about 44 million shares at $4.54. Based on today's price, we overpaid by about 50%. He's a genius - should be nominated for entrepreneur of the year or something. Maybe he'll give himself a President's award.
So no layoffs then. Just straight to unemployment line cause we go bankrupt?
Asking for a friend?
The company buyback has already happened... Here’s your sign
Look for Way to reach into his playbook and get awarded a bunch of shares right before the company starts buying back shares from the market.
$2.42 and dropping. Within the next couple of months, I predict SWN will get a delisting notice.
Repositioned? Into what?
- and falling. Now $2.43.
Take heart tho - we are Repositioned, Reengineered and Reenergized (R^3).
Bill Way has turned “lower for longer” into “lower forever”.
Y’all have a sweet building though. That’s one good looking sweet smelling POS!