I am starting to believe that in a week or two we might get a buyout offer. This price action is similar to what happened to TSRX before it got bought by Cubist.
Sentiment: Strong Buy
Some of my solars have done better than others...Tan started week at 27..now 30. JKS started 16...now 19.
SOL...4.77 to 5.78.....screwed up Big selling TSL last Thursday at 8.83...now 11.17
I had not even thought of that for some reason dmj. Everything I hear about aricept is that it does not work or that it works for a month or two in a small way. And they sell billions of it
Furthermore, regarding IOC and the E/A gas they are pursuing, Graham states the following in this sequence, "It is sufficient for one train, one additional train AT LEAST." Then he goes on to say, "Before any expansion project moves forward based on any resource there's going to need to be a definition of what reserves are available, and that's true as well for the Elk/Antelope resource." He is making that statement about all the potential expansion resource locations, but has already stated that E/A has enough for "one additional train AT LEAST", leaving the remaining question for E/A being whether it has enough resource for a second expansion train, an option left open for potential negotiation in the parties' original announcement of negotiations. I believe E/A is the ONLY expansion resource option having been Certified by an independent third party as having the 4.6 Tcf for expansion desired by Exxon. IOC has also made it clear that the additional drilling and recertification in the next year agreed on is for the primary purpose of determining what percentage ownership of PRL 15, which includes some undrilled prospects as well as E/A, the 4.6 Tcf of gas would represent for Exxon. Also, however, depending on what decisions IOC makes on a Gulf LNG project, what that further "definition" of PRL 15 reveals about additional gas beyond the 4.6 Tcf, what additional gas resources OSH and Exxon can finally "define" and confirm/certify at other locations with low enough costs, and how much more gas IOC might find at Triceratops or elsewhere, given the five trains at least Exxon would like to expand to, Exxon might end up later coming back to IOC for more gas!
(Continued in another separate post)
Sentiment: Strong Buy
Cast engine blocks and heads are suspectible to porosity and micro fracturing, leading to leakage and potential failure. Does anyone at Precision know anything about leak checking? It sounds trivial, but can be vital and nothing is ever as easy as it sounds. If parts do fail, will they be trashed or repaired through impreg? Another "trivial" problem is metal chips and shavings in the parts, which can lead to premature failure. Washing parts to remove these sounds easy, til you have to do large batches and then realize that water flow can actually wedge the contaminant into place so that it can pop free later. Doing one part at a time it is easy to correct this, but when you are dealing with thousands? How much labor are you willing to pay for?
All of this presumes the engine is ready for production. HAH! Take a look at production engines and you will see that the castings are highly complex. The designers sketetonize everything to remove weight, and gusseting to provide strength where needed. They also incorporate added features into the castings which tend to make the parts easier to hold for processing. They also integrate other system elements so as to minimize cost and complexity; IC engines have water and oil pumps built in, some of the piping is now cast in place, many of the brackets we used to see are gone and the parts are now bolted directly to stanchions, pads and bosses right in the casting. Do you see any of this on a Cyclone? Either they intend to add a lot of extra cost in added parts and processing, or the design is just that far from complete.
If the design needs that much refinement, they are a LONG way from ready to go. OSU still hasn't finished their work, so Cyclone can't really do additional design work until the major engineering features are established. Then prototype parts need to be designed and built to test the engines qualities and to establish suitability for manufacturing operations.
I wish they would amend the offer to give Nokia just a little sliver of that pie...it is going to be a rich pie.
Done on Tuesday, 12,000 of them at 2.20. He has bought in bunches in the past, wouldn't be surprised to see him back in for more. Likely we will see others filing shortly imo. I am back to a "Strong Buy".
Sentiment: Strong Buy
It's called present value of future income Moron, which factors in growth. Take a basic finance course.