Disclosure: I have no positions in any stocks mentioned, and no plans to initiate any positions within the next 72 hours. I wrote this article myself, and it expresses my own opinions. I am not receiving compensation for it (other than from ShareProphets). I have no business relationship with any company whose stock is mentioned in this article.
Ten days ago I suggested Range Resources (RRL) would be a buy if you hated it enough! After this morning’s announcement I’ve had cause to revisit this view. As much as I like to buy stocks which others hate, I can’t help but wonder just how bad are things at Range that they’ve had to issue yet more shares to pay debt?!
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