If you cant see that the story has changed, im very sorry for that. I dont even hold, but the transformation that has and is occuring right now due to hilcor and wells flowing to sales should be like a sledge hammer through the skull to most holders in terms of recognising thing are and have changed dramatically for the better.
From my selfish perspective i have empathy but not much sympathy for people who have been long term holders and are bitter about constant capital raising. Welcome to the real world.Thats investing and getting burnt like that is a valuable lesson that you invested way too early and probably for some folks far tooo much far too early.
But right now these companies have already gone through the most crusial part of the transformation. Which is big time flowing wells , already paying them selves off and soon to massively contribute to cash flows, to drill more and more wells.
The problem is for some of you long term holders is you bought in when it was a technological dream to have long horizontal multi stage frac wells. That has now become a "REALITY" which changes the risk metrics and situation for ever.
Plain and simple sushi - you invested way too early and whilst your cycnicism is understandable its now completely and utterly unfounded. Thats nobodies fault but yours, its not even ADI's fault. Take responsibility for it , get over it and move on, you will become a far better and more profitable investor if you learn why you made the mistake, rather then blame the company for you getting in too early.
ADI Price at posting:
28.0¢ Sentiment: LT Buy Disclosure: Not Held