MNR Mach Natural Resources LP - Units

$MNR Way too cheap. The big sell order was way too well advertised for effect before the open. This has to be a takeover play. Even if not, less than 8 times expected earnings is a joke. Buying calls for next spring. The Permian wells are expensive, and MNR has 130k acres. Bargain.

$MNR just in case you were wondering if I was full of shit. Priced at 11.60. Probably will see insider buys in the next couple of days at that price.

$MNR I’m wondering when (or if?) MNR will recover from last year’s “accretive acquisition.” Every subsequent event involving the shares issued for the acquisition sends the price lower. The exact amount of share dilution resulting from the acquisition has been known since the acquisition was announced, but the subsequent registration of those shares and each block sale keep dragging the share price down.

$MNR Well, I was really wrong when thinking this would be a relatively safe and stable dividend play last year. It’s now at an all time low and still sinking. By far my biggest loser in at least five years even accounting for the dividends. Where’s the bottom of this well?