.... and very, very unfounded at that... you can find other links by googling....
It looks like KOG was at about $9.20 for a low yesterday, and "spiked" to $9.55 later in the day.
So, KOG went up less than a buck, staying between $9 and $10 yesterday. KOG has traded as high as $11. If there were serious buyout rumors, my hunch is that at a minimum, the pop would be 20% ($11.50, more likely surging to $13 within 48 hours after any announcement) and maybe significantly more. With share dilution over the years, one can make a case that KOG has traded at levels much higher than they are now.
Those numbers are based on no number crunching (except in broad terms) and based on history of deals in the Bakken.
Mike Filloon's modeling showing better Bakken wells with EURs of up to 2 million bbls should be a game-changer for KOG.
Disclaimer: this is not an investment site. Do not make any investment decisions based on what you read here.
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