7. Partners in industry? YES Baxter International involved.
Some people are rotating out of high leverage dividend plays based on rising rates. You see it in leasing and also in the reits. I think AYR is great. I also own FLY which is less good. I still like a couple of reits like CIM and its massive divi. Got to be careful though... could get whiplash from rate increases.
Thats stupid. There are 100 charts showing declining investment in oil fields, decline out put on a per well basis (old wells dying) and that out put will start falling come mid 2016 when prices will normalize near or above 60/70.
I hate dutch tenders... every time I don't participate because I think the shares are worth more it... it tanks and I wish I had done it. I would have really liked to keep my divi.
The problem with ORIG for me is that I could buy RIG or SDRL and get the same exposure with none of the risk. I don't know that enough drillers have filed for bankruptcy yet. I don't want to catch the bottom... I want to see it start to track up with a positive catalyst or earnings event.
shorts covering and momentum players seeing if they said anything on the call. They didn't so the momentum money will leave even at a small loss and go make fast money somewhere else.
This is going to base for a while, probably six months. expect a range between 1.00 and 1.50 tracking with whatever oil does... not the company. Only changes in that will be asset sale spike or permanent change of oil price to 60, at which point this stock will be above 2
Yeah that pre market trade is nothing. I am not sure there is enough good news to make a big run. I mean were up 300% in a month. I hope it can hold its own here and not get pushed around... at least long enough for another asset sale and the corresponding pop.
not totally excited about the warn on pipeline access issues effecting output in q4 and the first half of 2016. I will be interested what they say about it on the call. Regardless glad to see some positive results.