Well I'm glad I waited for this down turn in the market, I'm thinking this is the start of a big run for the bears. This beast is gonna stay #1 on my watch list.
Doing my dd on this company, been following energy storage tech for years, this one looks huge for 2014, anyone with real info on prospects please chime in.
Just starting my dd on this company. Never knew the Permian was so huge, 2nd largest in world. Financial ratios look good, let me know any good info you all have on 2014 production coming in.
all I can say
Gotta say I like the Bakken, it's still growing like crazy, just go there and check it out. But this company, the financials look terrible, and they're sitting on their #$%$, I'm out of this turd after holding for a long time and breaking even, good luck to all.
Look at the sad state of this stock and look at the sad state of our "union" (fascist police state rule by banksters).
Domestic oil demand is at decade lows, way way down, global warming broke every high temp record for most cities in the country this winter.
Anyone long in the market right now is gonna get what they deserve.
Oil service companies show a big slump. Recently saw a chart of oil demand in the US and it went WAY down the past 3-6 months. Bizarre. I'm assuming it's domestic demand and not decrease due to military leaving Iraq, Assramistan , etc. This was an oil chart and not natural gas so it's not due to the insane heat records being broken all winter in the middle of the country.
Everywhere I look I see insanely low and decreasing earnings estimates yet the media keeps putting lipstick on this pick with doctored #s. So I gotta say a big crash coming very soon. Apple shorts anyone?
There's a huge disconnect between the doctored govt "statistics" on the economy and reality. And stocks are way above their 52 week highs. We are looking at 3 1/2 weeks of very weak market activity, the bear mkt actually started march 1 with slow degradation. Bankster bailouts don't make it to the real economy.
Big downturn coming soon possibly starting tomorrow. Somethings going on in the oil sector as well, tplm caught my eye.
Slow degradation with low volume over long period + most stocks way above 52 week high + huge disconnect between fake gov't economic statistics and reality + bankster scum resigning in droves. What is the result? HUGE crash coming.
Anyone holding a long through earnings is crazy right now. Market has been degrading for weeks now, preparing for a big crash. Eurocrat scam will give lots of down opportunities this year.
One of the highest in my watch. Probably related to the cheesy inventory practices of copper in China. Using it as collateral etc. Market in general is slowly degrading for weeks now, overbought and ready to crash, I may short this one.