Thanks for info matte. By the way USA and Europa are reaching agreement on shale gas supply. This will be an alternative to eastern supplies for european consumers.
Typical - one month late and five bucks short - that's the ROYL way, you should know by now!
Spin department is now in full session!
water is a problem, they are shutting down hydro next week, due to saving water hydro takes a lot of water, plans for more nat gas plants are approved up and down California, converting old plants to nat gas is going full steam, actually city gas price contracts should help royl stay semi afloat with some profit, only because of the conservation efforts on California and federal species act. another big problem is employment and the local economy. these areas where the gas is being purchased are farming based economies. with no water farmers cant grow rice,corn. two heavy water crops. Its so bad that farmers with water rights are making more selling water to other farmers than growing crops. something to consider when buying stocks, row farming is changing to drip farming in the nations largest crop growing region Central California, the move is happening now and the manufactures of drip system are going to be showing record profits due to these conversions that are currently taking place. and for the next 10 years to come. with no farming going on now because of water, the work force who perform the labor will be unemployed with no income first thing they do is turn off the ac unit, and conserve power,
Thanks Salmon - that's like I was thinking! The Zin (Barefoot) which got the consumer award in Lodi at the winery/consumer show is a very good flavored wine and served @ 45F! She buys Black Box Merlot which is made/packaged at Madera, CA and Barefoot wines (Modesto, CA), I take it they are just bottled there or do they also have their own orchards???
She is all shook up about that law suit - I am a beer drinker and have my Weihenstephaner bottle of Weiss (wheat beer) Bier every noon, it's from the oldest brewery in the world (est. 1040) and also houses the Bier Institute/research center near Munich. They tested 360 beers and found arsenic in every one of them up to 25ppm - while the US standard for drinking water is 10ppm - and Bavaria/Germany has the toughest laws on beer an it's monitoring/enforcement - they will shut you down and fine you if you don't meet their standards!!! The arsenic comes from the filtering process to make it clear - in mine its cloudy and the wheat germ/yeast is alive! So all Bavarians and Austrians should be dead by now??? For regular beer, I have a "Bier Meister" with a 1/4 barrel of Grainbelt brewed in New Ulm, MN by August Schell and for beer she drinks - it's Leinenkugels brewed in Ghippewa Falls WI by Jacob Leinenkugel Brewery (Leinie's) - both German breweries/towns!
Keep us up to date whatever you "learn"!
PROST - ROWDY
Those Aussie guys are gone. In fact somebody on this board said Royal was suing them LOL. ALASKA IS 100% DEAD IN THE WATER. The only thing they have left is some low volume low reserves wells in California. Gas is headed down down down.. The scary part for these guys is they won't be able to raise capital to pay their fat salaries and perks. Get out before it gets worse ... the rats are even jumping off this sinking ship..
Sentiment: Strong Sell
its a big problem in most wine, problem is spread through the industry and a lot has to do with the portable bottling outfits that go winery to winery during bottling season. they also spread diseases from winery to winery, , LOL actually are your fingernails falling off, yellowing of the skin? sudden hair loss. than I would call dr. oz switch to the lodi merlot , the little woman going to a play with her pal I think im going to get a bottle of skags leap. thanks great Idea.
MY Take on the suit is simple, there are billions of dollars coming to napa - lodi area. they a tearing out cherries and planting grapes, Lawyers are trying to suck money out of the wine industry, billions of dollars are going into the pockets of makers with out lawyers getting a taste. they found some arsenic in some wines what is normal for thousands of years and made a big deal out it. big deal ==== money I have some male balding. its the wine
We just bought some White Zin 2011 that got the consumer award at Lodi! We used to buy Sutter Home and others, which are now listed in the lawsuit about the arsenic levels!
What's your take on all this legal action - class action???
If we close on any of those lower levels, Plan on new lows coming, unless we get some news. WE NEED A DREAM DEAL, 3 GAS WELLS WITH GOLD COINS FOUND IN THE DRILLING PROCESS. A PRO BOANER LAWYER TO HANDLE THE SUIT, AND SOME FRESH KY JELLY FOR THE NEW INVESTORS
If we don't have any good news this is the real data on Royl
Pivot Point 1st Level Support 1.58
Pivot Point 2nd Level Support 1.56
14 Day RSI at 30% 1.43
14 Day RSI at 20% 1.06
Pivot Point 1st Level Resistance 1.63
Pivot Point 2nd Level Resistance 1.68
I would say with no earnings this week should be very interesting, In NO WAY this stock supports a buy
I don't know why they fall for those spikes? It's the same game over and over - cant wait till they announce another possible partner!