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MGIC Investment Corp. Message Board

bernie02 123 posts  |  Last Activity: Jul 6, 2016 8:50 PM Member since: Jan 26, 2000
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  • Let me know your honest opinion. I would certainly appreciates your responses. Thank you.
    Peace and cheers!

  • bernie02 by bernie02 Jul 4, 2016 1:28 PM Flag

    Citigroup said it Maintains its rating on Weatherford International Plc. In the research note, the firm Raises the price-target to $7.00 per share. The shares have been rated ‘Buy’ by the firm. Bank of America said it Initiates Coverage on Weatherford International Plc, according to a research note issued on Jun 13, 2016. The shares have been rated ‘Underperform’ by the firm. On Jun 6, 2016, Barclays said it Upgrades its rating on Weatherford International Plc. In the research note, the firm Raises the price-target to $7.00 per share.
    Peace and cheers!

  • Does any one here read the above articles-Bloomberg
    by Joe Light
    What say you on this? Peace and cheers!

  • bernie02 by bernie02 Jun 28, 2016 11:13 PM Flag

    The High price target of the company’s Share is at $60 based on the calculations and analysis of 7 brokers. According to the analysts, the company has the Low Price target of $10 whereas, the Mean Target is estimated by the brokers is $23.86. Peace and cheers!

  • Reply to


    by joe82zoneout Jun 27, 2016 8:33 AM
    bernie02 bernie02 Jun 27, 2016 10:51 AM Flag

    joe the short are enjoying their time. Peace and cheers!

  • Reply to

    PWE announced a 5 year plan

    by iitriumvirate Jun 26, 2016 10:01 PM
    bernie02 bernie02 Jun 27, 2016 8:53 AM Flag

    Happy, according to Raymond James analysis oil will hit $80/s in 2017-2018. Thats not far from now. Stay long. Peace and cheers!

  • Reply to

    Basis of the sale and any taxes

    by bamagrove Jun 24, 2016 9:59 PM
    bernie02 bernie02 Jun 26, 2016 7:00 PM Flag

    lol your funny. Hey look bamagrove is a high roller. Peace and cheers!

  • bernie02 bernie02 Jun 25, 2016 8:51 AM Flag

    I hate RS like what happened to CRC. Peace and cheers!

  • bernie02 bernie02 Jun 25, 2016 8:50 AM Flag

    How about PWE what say you? Appreciated any one input. I bought exco at $1.06/s will hold it till it hit $5/s. Peace and cheers!

  • Reply to

    I hope NUZAR was honest.

    by iitriumvirate Jun 22, 2016 10:15 PM
    bernie02 bernie02 Jun 22, 2016 11:28 PM Flag

    What about EXCO, what say you? Peace and cheers!

  • EXCO Resources: Will This Oil Stock Continue Flying Higher?

    Jun. 22, 2016 9:53 AM ET|6 comments | About: EXCO Resources, Inc. (XCO)



    Regulation FD Disclosure

    Item 7.01 Regulation FD Disclosure.
    As previously reported in the Current Report on Form 8-K of EXCO Resources, Inc. (the "Company") dated May 24, 2016, the Company has been deemed to be noncompliant with New York Stock Exchange ("NYSE") listing standards since June 2, 2016 due to the Company having an Audit Committee ("Audit Committee") of the Board of Directors (the "Board") consisting of only a single member following the departure of two former members of the Audit Committee, Jeffrey D. Benjamin and Jeffrey S. Serota, from the Board on May 23, 2016.

    On June 15, 2016, the Company's Board appointed Wilbur L. Ross, Jr. and B. James Ford, each of whom is currently a member of the Board, to the Audit Committee and provided notice to the NYSE of the appointments. On June 21, 2016, the Company received a notice from the NYSE acknowledging that, as of June 20, 2016, the Company is in compliance with all NYSE listing standards. The notice also provided that the ".BC" designation that was added to the Company's ticker symbol to indicate the status of the common shares as "below compliance" will cease to be disseminated on June 22, 2016 and the Company will then be removed from the list of noncompliant issuers maintained by the NYSE.

    In accordance with General Instruction B.2 of Form 8-K, the information furnished pursuant to Item 7.01 shall not be deemed to be "filed" for purposes of Section 18 of the Securities Exchange Act of 1934, as amended (the "Exchange Act"), or otherwise subject to the liabilities of that section, nor shall such information be deemed incorporated by reference in any filing under the Securities Act of 1933, as amended, or the Exchange Act, except as shall be expressly set forth by specific reference in such a filing.

  • Reply to

    Good Faith

    by wecsg7 Jun 21, 2016 12:52 PM
    bernie02 bernie02 Jun 21, 2016 12:55 PM Flag

    I am not touching ETE until the the court decision is release. Peace and cheers!

  • Reply to

    CRC is over sold now...

    by goodone9999 Jun 14, 2016 2:06 PM
    bernie02 bernie02 Jun 15, 2016 12:10 PM Flag

    All of you have the wrong pps prediction. Just sell your shares and move on. I will stay. Peace and cheers!

  • EXCO Resources Inc (NYSE:XCO) on May 24, 2016 reiterated its commitment to improving its financial flexibility and enhancing long-term value for shareholders through the continued execution of a comprehensive consensual restructuring program (the “Restructuring Program”). EXCO currently has approximately $250 million of liquidity and, after giving effect to the reduction of its 2016 capital budget to $85 million, the Company expects liquidity utilization to average $10 million per month during 2016. EXCO has no debt maturities prior to July 2018.

    EXCO’s Restructuring Program will target an aggressive restructuring of gathering and transportation contracts, decreasing corporate overhead and operating costs, modifying unprofitable contracts, and reducing debt. The Restructuring Program will be directed by a streamlined Board of Directors (the “Board”) that represent institutions that own or direct 140 million common shares that equal approximately 50% of the total shares outstanding. These institutions historically supported EXCO through providing debt and equity. EXCO intends to continue to leverage the flexible capital, restructuring expertise and support of these investors to implement the Restructuring Program to drive value for its stakeholders through the dislocation in the market.

  • Reply to

    Are we going back to where we came from????

    by bernie02 Jun 10, 2016 6:04 PM
    bernie02 bernie02 Jun 10, 2016 11:15 PM Flag

    The drama-filled proposed merger between Energy Transfer Equity (NYSE:ETE) and Williams Companies (NYSE:WMB) took another interesting turn this week. The companies were granted approval by the U.S. Federal Trade Commission to close the merger, but on one condition: Williams Companies needed to sell its stake in an interstate natural gas pipeline that serves Florida to ease anti-competition concerns. What remains to be seen is if this condition helps or hurts the deal, which has been embroiled in a bitter legal battle.
    A new hurdle to clear
    In order to gain full FTC approval for the deal, Williams Companies, or more precisely, its affiliated MLP Williams Partners (NYSE:WPZ), will need to sell its 50% stake in the Gulfstream Natural Gas System, which is an interstate pipeline that delivers natural gas to Florida. The reason for the required divestiture is to ease antitrust concerns surrounding the pipeline given that it services electric power companies in Florida, which don't want to see their rates increase.

  • Reply to

    Are we going back to where we came from????

    by bernie02 Jun 10, 2016 6:04 PM
    bernie02 bernie02 Jun 10, 2016 11:12 PM Flag

    Energy Transfer Equity, L.P. (ETE) currently has High Price Target of $23. The Low and Mean Price Targets are $7 and $13.75 respectively. These price targets are a consensus analysis of 8 brokers.

    When having a look at Recommendation Trends of the stock polled by Thomson First call. For the Current month, 2 analysts have assigned this stock as Strong Buy where 2 assigned Buy, 6 analysts believe it’s a Hold, 0 said Underperform and 0 assigned Sell rating.

  • Reply to

    $1.00 in earnings this quarter

    by thewideopenroad Jun 10, 2016 10:45 PM
    bernie02 bernie02 Jun 10, 2016 11:05 PM Flag

    California Resources Corp (NYSE:CRC) Stock Price Will Hit 22.43:Analyst
    Author: Author Tina GumbleyPosted On: Posted on June 10, 2016
    Among the 7 analysts Data provided by Thomson/First Call tracks, the 12-month average price target for CRC is $22.43 but some analysts are projecting the price to go as high as $60.00. If the optimistic analysts are correct, that represents a 243 percent upside potential from the recent closing price of $17.48. Some sell-side analysts, particularly the bearish ones, have called for $10.00 price targets on shares of California Resources Corp (NYSE:CRC).

  • Bad day for all the energy stock. I hope we recover next week. Peace and cheers!

6.92+0.11(+1.62%)Jul 22 4:02 PMEDT