everything changes after elections ..... this is pure manipulation to bribe voters with cheap gasoline .... watch what happens once our elections are over ...... strong dollar goes kaput , the saudis cut back production , and oil zooms to 70 by March 2017
I bought a little more ..... figure it's cheap enough , seems the world is getting stimulus happy again ...... unfortunately the dollar is too strong right now , and I think the whole reason oil is dipping back down .... currency manipulation keeping oil cheap for elections .... I have a feeling things change after elections ....
reafirming the borrowing base was a good sign in my opinion too ..... but I think she's gonna bottom to the 50's before it runs up .... I think the big boys are manipulating for accumulation ...... I think mid July things will look different , won't be watching paint dry and a slow bleed down ...... we'll see , but I'm holding off buying more right now , watching it to see if it falls to apprx .52 and massive short covering
STATE COLLEGE, Pa., July 05, 2016 (GLOBE NEWSWIRE) -- Rex Energy Corporation (REXX) (“the company”) today announced that it has completed its offer to exchange up to $631,458,573 aggregate principal amount of its 1.00%/8.00% Senior Secured Second Lien Notes due 2020, which have been registered under the Securities Act of 1933, as amended (the “Exchange Notes”), for up to $631,458,573 aggregate principal amount of its outstanding 1.00%/8.00% Senior Secured Second Lien Notes due 2020, which were previously issued in a private placement (the “Private Notes”).
what was the purpose of that exchange ??? They seem to have traded "unregistered debt" for "registered debt" .... everything else is exactly the same , nothing changed ....... I'm GUESSING they cannot exchange equity for "unregistered debt" .... I can't think of anything else ..... amount is the same , expiration is the same , interest is the same , everything is the same - 631 mil due 2020 1%/8% ..... exact same thing , just now registered as opposed to unregistered with the SEC .....
it's a mess , have to click and scroll much more now to see what I had on my old homepage , plus you will notice there is half the page "empty" now just waitin for loads of ads to bother us ..... The old format was much easier to navigate , everything I wanted to see was right there , now I have to click and scroll way to much for the same info because they are making room for a lot of ads , so they took space we used , it now takes two pages to fit what used to fit on one page .... it sx
"energy independence" is a big fat lie ...... we will never achieve that because of globalism and we will sell to the highest bidder as everyone else will do ........ that's why the export ban was lifted and i doubt there will be any tariff tax on saudi oil , ever ...... they are our "buddies" in the middle east and there is no way in hale we are going to tick them off and send 'em running to China or Russia
hope so , MACD is at the bottom of the barrel , if it doesn't go up , the shorts are going to be brutal ..... They are manipulating the hale out of this thing
oh ya things will be great , just like in South Africa and Venezuela ......
with all the doom and gloom , I'm wondering how Great Britain managed to prosper for 500 years before we ever heard of a European Union ...... Those globalists will stop at nothing to get this New World Order krap shoved down our throats
Obama ???? Retaliate ???? Against Muslims ?????? Are you kidding me ???? Obama retaliates more against white cops than he does against Islamic Terror !!!!!!!! The only war Obama is interested in waging is the war against white protestant christian heterosexual men ...... Everyone else is just "poor misguided souls who cause trouble because of those mean ole white men oppressing them" ....... So putting 2 and 2 together , apparently , all the mass murder , mayhem , chaos , protests , burning the towns down , blacks getting killed by cops , rebellions , robbing , looting , rampant crime , lack of jobs in the hood , drugs pouring across our wide open border , and ISIS wanting to kill us all ...... It's all my fault according to Obama
market will fall further next week , buying opportunities coming , and I'm sure there's some analyst somewhere who agrees with me , and a bunch that don't !!!!!
those tricky wall street devils keep us on our toes , that's for sure ...... I went through a few RS's in the past and they all tanked afterwards , so I was not optimistic .... all in all , RS's are a good thing once you clear the dust , now they have capital opportunity in the future and reduce debt , so you guys should be in good shape ...... if I see the 5's again , I'll mosey on back ..... by the way , the CME site chart for oil has skipped July data and is showing August for futures ..... Got any ideas why that would be ??? WTI chart has no July data , after June closed , it now went to august for oil ..... NG has July chart , but not oil
I must admit , this is one of the few stocks I've ever seen go positive right after an RS , and I bailed before the RS so missed the boat ...... congrats to you guys for hanging tough ..... I figured it would dip well below the RS level before the run up .....