go with the trend buddy. See what the big guys do and follow them. They took it down due to the fear of dilution. They loaded it up and now it starts moving all the way to 50...
yes it is. I have lost all faith in the stock market. the only money I will keep in stocks is my 401K. f&^k everything else. Its not worth worrying about it everyday. I have better things to do than worry about it. ohh, and my newsletter thing was a joke. didnt want to get ur hopes up..lol
Going Down! Next stop $22. Maybe we'll get lucky and there will be a series of 7 or 8 hurricanes that destroy the US gas infrastructure.... Doubt it. Looks like nothing will move this goat to the upside. Probably be at $5.00 in 1 yr instead of $50. Morningstar if full of it. Aren't there ratings for sale anyway?!?
Sometimes the best move is no move. I'm gonna just wait it out till the elections are over. I know that seems like a long wait but I think the prices are artificially low just for the elections. With all the crap going on it just makes sense to wait it out. I don't want to compound the problem of buying to soon with selling to soon.
from reuters:Quicksilver plans to fund the $1.0 billion in cash and $307.0 million in stock transaction through a $700.0 million 30-month, second-lien term loan, operating cash flow and an existing credit facility. The stock issue will be based on the average volume-weighted price for the 15 consecutive trading days prior to the transaction's closing, currently slated for Aug. 8
NOW, IF these same finance folks SHORT our stock during those days they will get more shares for the debt! thery could even borrow, buiild a financial package to SHORT KWK!
Im about to repost a reuter paragraph that tells morebad news, KWK getting into too much debt. IF their credit rating falls they'll haveta find additional financing at poor prices. and with NG staying at $10 or falling...
well...for now, expect the shorts to cover and pop th stock to 29-31 before 6 Aug