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.
The on again, off again saga of Range Resources’ (RRL) failure to offload its Texan assets has been a frustrating affair. A year after it was announced, today could be the day that Range has told us the latest deal is finally off. If I’m right, this could spell real trouble for cash strapped Range.
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