Yea, official results will take a while to be known and Watson has always believed 30-day results are the AXAS way, but those subcontractors in the trailers always get the first bite. If this aggressive demand for stock continues tomorrow morning, we'll have to cede credibility to this urgent demand and find the cause.
I expect service price increase data will be what analysts will be probing for. The new WSJ piece, "Revving Up Oil Fields Won’t Be So Easily Done,
Laid-off workforce, idled equipment pose obstacles to budding recovery for U.S. energy industry" discusses the coming impacts to the E&P's.
I'm happy the new guy's last name isn't Runn.
Or it would be Cutt & Runn!
You're right until you aren't and you shorts had better hope you can handle the reversal gap when it comes. Will it be for Q results and the conference call? Not too long now.
How has guiding helped anything or anywhere over the last year? Kirby has helped the analysts and short hedgies crucify us. Let them be at risk with no guidance for a while and we'll compare notes. How could this have possibly been any worse for the retail investor?
The shorts are having to pour on the coal. When will it prove to be shoveling good money after bad in a fundamental case that's turning?
I have to downgrade any author who attributes and equates non-open market stock acquisition with open market buys for cash of which we've seen only two so far. The whole thing was a weak re-hash, IMO, and not as valuable as the previous author's piece.
The next catalyst is the BullsEye well in the Austin Chalk and drilling results will not come until August. We'll have to simply chill out with no break out or whatever until then. If this goes under $1, I'm doubling up and riding out the turbulence.
More Form 4's to come, I'd guess. It's usually an unstated requirement for any director wanting to remain.
BP is obviously in the catbird seat in Angola now. Maybe they'd like to come back into the GOM now too.
Let's not be sold for $3.50-4.00 in a hostile bid, please.
They did the secondary about 25 days ago.
ESTE did a secondary this morning and there is some property overlap with AXAS. I see Canaccrd likes both names.
The sellers who wanted 30 cents today for their shares made me laugh. Didn't the company just tell us they're worth a bit more than 20 cents? Go figure.
It reads pretty well.
I hope this is another debt for equity exchange coming up and somebody wants more shares, a reduced strike on their warrants or something logical to explain the share price weakness, because 0.77 to 0.67 over the last 10 days is becoming a concern that something worse is happening. Say it ain't so at an upcoming conference please, Jay.