The bond chart isn’t worrisome. http://cxa.gtm.idmanagedsolutions.com/finra/BondCenter/BondD... But the stock chart isn’t encouraging. (XLE --used for comparison --is the sector ETF for Energy.) http://finance.yahoo.com/echarts?s=CWEI+Interactive#symbol=c...The Moody’s report is grim, but not hopeless. (I can’t quote relevant snippets due to User Agreements.) But what I really dislike is their balance sheet. The company can’t cover ‘accounts payable’ from ‘net receivables’, a problem that Moodys acknowledges and that is only going to get worse if the economy --hence, energy prices -- rolls over again, as it look like it’s going to. Yeah, I’m long the bond, and I was wondering if I should add. But I think I’m going to sit tight on the tiny position I have and look elsewhere this morning. Charlie
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