sl1ck: I could not tell you my avg. w/SFY right now but like you it's become a perfect trade vehicle. I still have some shares from the $8 range, some from the $6's but have been basically trading this since it started it's wild fluctuations below $4. Lots of round trips and easy money.
I'm spread out all over energy with small caps like WRES, MEMP & HERO but also have been trading and just adding investment shares in CHK, DVN, MRO, XOM, and like you, KMI shares and warrants. The warrants have been ridiculous. CHK options..... too.
Two other - non energy - plays that I just took advantage of emerged this morning. OCN and ASPS. The long calls are my next bogey. But shares at current depressed levels are a huge value I believe. Scale in for safety; there is limited risk IMO of any major disruptive negative developments.
Thanks for the other thoughts... will check those out.
MEANWHILE... HUN is performing better. My HUN LEAPS have been very spottily traded and highly erratic as to bids. Typical, though, for opportunists looking to scalp. Same but to a lesser extent with the CHK calls.
Hey Daffy, I guess you've been "pounding" this turkey all the way down. What's your average price these days? I bought some more around $4 but only have a minor position in SFY.
Not trying to brag, but I've made a boatload of money the last two months trading UGAZ, DGAZ, UVXY and KMI warrants (currently my biggest position). When you get wind of the next polar vortex load up with UGAZ. When natural gas rallies to $4.50, UGAZ will pop from $7 to $16-18 (it just went from $10 to $18+ last month with the first polar vortex of the season). When gas prices appear to peak (just as the cold begins to hit), sell and switch to the DGAZ. Rinse and repeat. Good luck!!
Nothing but positives. I believe TS.com had something in their buy recommendation about the costs to shutter some of the pigment ops in EU, but to me this has been a "firm" known since late Oct. / early Nov. and the stock did not budge then. Nomura's latest call is simple and says it all. The rest was "noise" amplified by the concerns about EU, CHN and oil, IMHO.
I keep looking a the presentations on their IR website which DO NOT CHANGE from month to month.
Good point..If only Nomura was more listened to. Meantime, did you see any "negative revisions" by someone with knowledge, during the past few weeks? I might have missed them, but going back, I couldn't find them.
Q3 Came In Weakly; Will Q4 Follow Suit? Silence in Fortress Wilmington
THE SUNDAY SIZE-UP
Good Evening, Bonsoir, Guten Abend,
We are more than mildly curious: Will DuPont's customarily secretive and evasive Management be compelled by recent economic trends and their own lacklustre performance to downsize the earnings projected here in the fourth quarter?
* Titanium demand and prices have been soft. Huntsman announced this week it is substantially reducing its TIO2 capacity in Europe, perhaps by as much as 30%. DuPont remains the world's leader in the production and sale of TIO2. Ironically in a few months in 2015, DuPont's bumbling bosses are planning to ditch DuPont Titanium Technologies, probably the last business in which DuPont is truly the largest and leading global producer.
* Agricultural commodity prices have been sliding dramatically putting the squeeze on farmers, who may not consume as much of DuPont's over-priced goods and services as DuPont "leaders" have projected.
* Will there be big write-offs and write-downs for some of the $billions invested in bio-foolish schemes, which so far have not panned out, such as the ludicrous DuPont Corn Cob "Gasoline". This silly "Sustainable Stunt" dreamed up by DuPont's pompous leadership TEAM is even less viable than ever now, with the plummeting petroleum prices world-wide.
All year long, DuPont Dominatrix, Ms. Kullman, has been cracking her whip over her under-bosses to out-perform and meet unrealistic goals. Will they fall short in the final quarter of the year? Stay tuned.
Merely THE SUNDAY SIZE-UP digitally penned by one individual investor and long-time student of the dissim
ulating DuPont in decline. ...funfun..
Sort yourself out, foreigner. We don't use that expression, except self-consciously, in this country. AMF loser.
So what you are saying is that it doesn't make sense to spend many millions buying TiO2 capacity so that they can spend $130M shutting it down?
Should really appreciate the hit we are taking to stabilize the TIO2 market. Really clever how we put ourselves in the number 2 spot so we could take off production. The spin off ought to trade on the penny stock exchange.
Your math sounds close, spin. Let's hope anticipation for all of the good stuff starts to grow. This is ALWAYs and under the radar stock. Always.
Stormer: Was traveling from Houston on Monday and the iPhone showed me the downward damage around noon... Once it was below $4 I got a bit busy with my fingers and placed a limit $3.80 which actually got filled today.
The "adverse trend" is still much in operation. That said, this was a steal. I should have traded the quick spikes. Either way I feel pretty good about this.
AS FOR HUN - I'm scratching my head that it's not closer to $30 with all the good things going on internally. Externally, there's really nothing bad going on so that's a plus, too. Especially the low and lower input costs. But they are probably hedged which means it will take a while to mean anything, I suppose.
Don't know if you did any pounding today, may have made sense to wait the adverse trend out a little longer. If not, you could have picked it up sub 4.
Stormer: I'm waiting til Monday to pound this one. Have been in Houston all week (out of my office) but want to take advantage. Closed at the low today. May post again b4 Monday.