With so much Natural gas available, there should be no real seasonal impact on price. Because price rises with lower temperatures in the east coast, I suspect supply-demand is not a significant factor in price variations.
Track bankruptcies and oil/gas well closures. When the poor companies and the expensive wells close the turn around will be at hand. Meanwhile the smart- money will quietly buy-up the remaining companies for the eventual return to a balanced market. Which companies will survive? The ones which don't makeup losses by increasing volum, the smaller ones which did not hedge low prices and the salary factories. What about the future contracts f or delivery in the future at present bargain prices? They go up in smoke as bankruptcy takes its terrible toll. I suspect a few unhedged insurance companies will take a beating in the process.
This company should be rolling in cash. I dont see why it's not buying back its shares. Mabel it's waiting for lower forward eps than 4.
If you want to calculate how fast price will return, consider that yesterday, 40% of the float was short. With today's bump, there is still 39% of the float still short. As we approach earnings, I suspect the rest will try to cover at once causing a stampede and considerable price jump.
Short sellers have been attacking cybr since September. The choppy price line indicates weak holders leaving as smart holders take advantage of the shorts-attack. Banks still love cybr. I'm buying on the price slumps as after next earnings report, price will jump, perhaps double as shorters try to cover. Let's enjoy our unique opportunities as we can.
Company could have avoided the confusion by either naming the old NYLD as NYLD.A and the new NYLD.C or just name the new class C as NYLD.C. But it didn't. I wonder the reason for the renaming and spilt. Anyone care to guess?
According to last weeks announcement: with the May 14th split,
The old NYLD becomes NYLD.A ,Class A stock while the new class C stock is listed (as the old)NYLD.
Has anyone else noticed that the countries using Visa and other credit cards do not go to war with other countries using Visa and other credit cards? My idea of lessening tensions with other countries is: instead of banging political drums against other counties such as we did with Iraq, Vietnam, North Korea and now Russia is to issue credit cards to their people. Suddenly, their perople will join the struggling middle class, who will then have to work two jobs, day and night in order to pay-off their monthly statements. No one will have the energy to figh another countryt and peace will reign.
Do I get the Noble Peace Prize? Nope. No one recognizes my great insight. All folks do is laugh.