You may be right Fubar. But this credit crisis problem has been visible for many months to the most knowledgable analysts and even the dullest saw that the economy is in dire straights in recent months. Therefore, if you're right, holding back news in recent months was BAD JUDGEMENT by the not-so-brilliant MEO management. IT's either INCOMPETENCE or excessive GREED, neither of which are desirable characteristics for managers of our investments.

My MEO bailout plan is for these jokers to pack up and leave NOW. Let someone who can differentiate between their derriere and their elbow run what is a promising business in one of the few sectors that is bullish in todays economy (Energy). I mean, if you have O&G in the ground and you can't make money at todays prices and margins for the product, YOU ARE INCOMPETENT !!!