SN - Will Mr. Market Continue To Win By Shorting Sanchez Energy Common?
Ever since Sanchez Energy (SN) made their last acquisition nothing seemed to go right. The result is that the stock has gone straight down (with only a few minor rallies) ever since the acquisition. Now management announced that development (and hence significant production growth) will wait until the results of some experimental wells are known. The market threw the stock in the doghouse and basically put the doghouse in the trash can after that. The next few months for the stock could in reality be pretty rough. But then it will be time