Tipping The Balance: The $50 Sweet Spot

By Dan Dicker This week, an update on an investment I recommended last year in late May – Silver Run Acquisitions Corporation, then the SPAC of ex-CEO of EOG Resources, Mark Papa. That SPAC morphed into an 89 percent controlling investment in Centennial Resources (CDEV), with Mark Papa taking the helm at the Permian shale company. So far, the initial investment has paid us very, very well indeed, as the initial investment of shares has converted into a near doubling – from the original $10 rollout of the SPAC to the current share price in Centennial…

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