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.
I used to own a fair amount of Red Emperor (RMP). I ditched the lot once I finally realised that the management team of this company is, to all intents and purposes, on an extended paid leave of absence and nothing was going to happen. Even so, I decided to take a look at Red Emperor again in the spring, on the off chance there might be some progress in Georgia. After Range Resources’ (RRL) announcement yesterday I wish I hadn’t bothered...
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