Yes. Except it appears the crude price is high enough to sell sand.... already. Big inventory of drilled holes waiting on fracing.
Yea, a dividend announcement would be just the ticket. Funny how much difference a day can make. So is the pop due to the market bounce or is it the GE okkie-dookie-thumbs-up from the feds?
Someone had suggested that needed to happen before SYF could initiate a dividend. Seems plausible.
Right. Go with your gut. Bought some stuff a dime off the bottom yesterday and I doubt any talking head would have suggested it. Cramer is probably still sitting on the fence. I make a point of ignoring him when times present opportunities. Don't know about SYF. It got a bounce but it feels like we need another round of earnings to feed the shorts their shorts. A dividend announcement would chase them away.
What... and let fundamentals price stocks? There would never be buying ops and the market would be a really boring place. I'd lose interest entirely.
I suppose the jury is still out on this Brexit mess but obviously the fat lady got gagged and bound and the big players want to short folks out of their margin stocks. And look at the almost-anemic volume in the good stuff that's been slammed. Nothing is more fun then buying stock that's been borrowed.....
OK! I'm in! I looked at all the programming and especially the advertisers and concluded this is not a value trap but is actually just an understated and misunderstood dump job, ripe for a Brexit pick. Funds can dump more, I can buy more. Just wishing everyone a happy landing because Heathrow is probably still open and I think Buckingham Palace (or Windsor) should get a sitcom. That would certainly ruffle feathers as much as Preacher. Oh, I think Preacher is must see entertainment. A bit out-there, but amazingly fun.
Tripled my shares this morning. Gets me half a boat load and if the dumpsters take us down a few more dollars I'll get the other half of what I want. I suppose I must being getting old because I can't see too good close up.
"Selling covered calls is a good strategy for income."
In retrospect, that was a good way to miss a big move up in this stock. Every time someone starts pumping covered calls on a board for a thinly traded stock it seems to turn into a big move up. I think you should publicly apologize for giving such bad investment advice.
I'm new to the stock, just bought some recently near the bottom, and I appreciate your back story on the company. It reinforces what I could dig up regarding the stock actions of late. I watch for this set of fundamentals because it signals the self-empowered head-whatever is running his own stink-stank and engineering a cheap stock for their going-away smash and grab. Makes for excellent returns for any investor who can hold their nose and jump in and buy shares. I think that's where we are.....
"Seems like your not big on thinking or planning."
Right Abdul. And I'm also lazy. It's a lot of work picking the peanuts out of the elephant dung.
This link goes to a pretty good analysis of the various macros.
Or both. Sounds like someone with info or a hunch regarding a SLCA buyout of HCLP. Last thing you want when you are destitute is a bunch of cash on the books like HCLP..... someone will buy you out. lol ...
Seems like a lot of strategy just to hedge a risk. I love being a small investor, I can just pull the trigger anytime I want to and no strategy is needed.
Debt is ok if they use it for accretive purchases. It's not like money can get any cheaper. And what better time to add to the business,,, probably the soft market facilitates their acquisitions.
But that's the point, whacking a whole sector leaves an opportunity for longs to strain the babies out of the bathwater. Oversold and overbought are relative concepts with 100% of everybody wrong....
I'd say the funky was the drop for no obvious reason. Too bad too, the greedy fkers like me moved into the neighborhood. Anyway, it always seems good stuff that gets shoved under water for no real reason tends to make me money.....
The promised land of 30 never arrived so I went ahead and turned on my vacuum cleaner. Hope you don't mind if I grab what I want now instead of waiting. As a group, shorts are predictably unreliable and never deliver as promised. I'll just be holding my nose while the vacuum gets up to speed here....sort of like a jet, huh.....wussy in the beginning but wait till you get pushed back in your seat during take-off.
So yea, some ws pimples probably erupted over the non-deal happening and , haha, it's lessen time. I've never actually owned this one before so this'll be fun....like catching knives. Something to tell the grandkids about.
That sounds like some recovery has taken place. So I finally bought some this morning. It of course will be your fault if I scrwd-up. LOL .... Anyway, shares under $10 sound pretty cheap. If indeed the crack spread is working for us, then pop into the teens is probably eminent. At $10 I suspect there is a good chance of having my cake and eating it too.
Just guessing, there is probably some overhang coming from the quick pop off the bottom in February. And also probably some interested parties who helped prop up the unit price while the wind was blowing which now need to carve back their position with things coming back into focus. Anyway, it was a no-brainer at $20 and still a reasonable investment at $26. Just needs a bit more time to digest a big breakfast. The fundamentals are self-evident.....
Alon also announced today that its Board of Directors has declared the regular quarterly cash dividend of $0.15 per share. The dividend is payable on June 6, 2016 to stockholders of record at the close of business on
Refining won't slow down on account of not being profitable. But that doesn't mean I'd own it currently. You ever hear about what happens when the power goes out at a glass factory? Can't imagine rebooting all that plumbing full of solidified glass. I wouldn't own that either....even if it got real, real cheap. Might be the case here, getting cheap and not much is going on. I wouldn't say the pe will go to 2 since that is ridiculous, but at some point metrics just don't matter and there are better places to be.