I would tend to side with Core Labs since this is their precise expertise. However, you can look at this another way. Pappas also said that he thinks US oil production was generally peaking, and we're overestimating growth. So this is bullish for the oil price, if he's right. So, if he's right, whoever has the oil may in fact do well. Let's allow the chips to fall as they may. I am with Core Labs. They put their reputation on the line on national TV by agreeing with Sheffield.
I caught it at $188 and again at $186 to average down. You are more nimble than me. Something tells me those buys are good to hold for LT capital gains.
It holds the best domestic on-shore acreage in the country. Do not try and value this company based on traditional metrics. Do not short because they missed EPS and revenues for this quarter. This stock has a floor under it based on its acreage and what lies underneath it. PERIOD.
Won't see $47 tomorrow.
Carl who? He will be quickly forgotten. NFLX will quickly retrace its way higher toward $400. I own a few shares. Not my favorite or largest position. But shorting here is stupid. This can regain those lost points in a session or two at any time.
Who has more reserves? I realize this is tricky because there is "proven" reserves and then potential reserves. But I think it is an important question to ponder.
I intend to hold PXD until it reaches par or better with EOG. I hope this means PXD going up and not EOG going down.
S&P down 10-20? Flat?
Seems to me this is extremely bullish for YELP. One of the biggest threats to Yelp's business model is the posting of fake reviews. Regulators are stepping up and assisting YELP in policing the market. This seems to help validate YELP. And the legal threat now clearly exists to those who may try and post fake reviews.
YELP is a great long term hold.
Good luck. You may be right. Me? I am so confident that this stock is going higher that I am not willing to risk such a move. Too many times I have missed big moves by trying to get cute.
500 shares and a couple January 2015 calls. For me, not a large enough position that I have to watch it all the time but not so small that I can't make some money. My intent is to hold for a while. I look forward to following the board.
Let's get it on.
"Android’s smartphone mobile app revenues is expected to nearly double to around $6.8 billion by the end of 2013 as per a report."
Just how does GOOG make its money off Android? And how high is the ceiling? That's a lot of revenue. Thanks.
Words can't do this justice. FB purchase on Instagram is not mentioned much. It should be.
Ya and the scary thing is that those 1.1 billion users will probably be 2.0 billion in 5 years or so. Most of that growth coming outside the US.
For the record, I checked GOOG's price history. The stock went up 7% the day after the announcement in 2006, and never looked back (notwithstanding the market meltdown in 2008-2009).
And what if FB charged for the right to have an ad free experience? Let's say they charged $4 a month, and 15% of subs signed up. That's more than $8 billion in annual revenue. The options are endless, and these guys are smart.
1. 1.15 billion monthly active users expanding at 40-50 million PER QUARTER. Where will it peak? 2 billion is a slam dunk in a few years, Conservatively, if revenue per user is static, total revenue would grow by 67% based on this metric alone, or almost $5 billion.
2. FB is only scratching the surface on mobile ad revenue. A 50% increase in revenue from this source in the next few years (conservative) would increase FB total revenue by about 18%, or $1.3 billion. THIS IS ULTRA CONSERVATIVE CONSIDERING THEY ARE MOVING TO LUCRATIVE VIDEO ADS and more and more folks in developing countries are getting smart phones and tablets.
3. Instagram? What's the revenue potential? $1 billion?
4. I have total confidence that FB will find other ways to monetize the base. They have all the time in the world to figure it out with no real competition.