Word: meyering
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...investment] wasn’t going as well as we wanted it to go, and we thought Cabot could do better with it,” Meyer says...
...Meyer posits that Harken’s stock price rose following a surge in the natural gas price, which rose nearly 60 percent in the same time as the stock spike...
...Meyer adds that unlike Enron, “all material aspects of the partnerships and economic arrangements between the partnership and Harken” were included in SEC filings...
...Meyer maintains that the stock price rise was generated by the rising oil prices, and that it is normal for HMC to sell stock after the price rises...
...Meyer explains HMC’s investment decision as poor timing, since oil prices did not begin to rise significantly until the mid-1990s...