If you are looking for advice to buy stocks on a message board, do yourself a favor and buy a mutual fund that is more diversified. This stock is volatile and you will likely "get burned" again.
The overnight rate that banks charge each other to borrow has ZERO affect on mortgage rates. In order for homes to continue to sell, rates must be low as housing prices have been on the rise for 3 years. Higher borrowing costs will have a negative effect on new construction. Doubtful to see rates increase much in the near term.
Congrats to those who bought around a buck and sold for over $3. What a nice return! I thought it was going to zero, so I did not buy. Looks like a lost opportunity. Cash burns lower and lower and you got it mastermaroc, bloated debt. No recovery in sight. This one is DNR.... Pull the plug...
There already is a massive supply and will continue as opec, Saudi's, IRAN continues to produce at high levels. That is what is driving the price down and will continue. I think you are dreaming that oil will recover to $60+ in the next year. If anything, it will hit the 20's before 60's. By that time, DNR will be forced to sell off assets at a loss just to make the debt obligations. Not a rosy outlook in my opinion.
They are burning through cash rapidly. They will not be able to pay down debt with little cash on the books. Look at the balance sheet and see a pattern?? HELLLOOOOO??
Right! The lower the share price, the higher the dividend, the lower the book value goes. Cut the dang dividend. I don't want erosion of capital and payback to destroy my investment.
How many message boards do you SPAM? I see several with your getting boring headline. Do you get paid to post? You remind me of a slease ball used car salesman. Are you happy with your lot in life?
Shameful disgusting company. I am selling this POS and taking the loss against gains 2015.