Getitwrong should share that distinction with Tree, who for the longest time was such a Phil advocate that I came to believe he was a relative or friend of Phil or Phil's family
1- Michael...I remembered you having been correct on more than one thing, but your review is even a little more impressive than my memory. Congrats on that. The overall balance we now have here.
2 - While I agree with much of what you have written, I will quibble with one statement: "Getitwrong was also Phil's staunchest defender and never would acknowledge that Phil was the problem, not the solution" Feels to me like Getitwrong has to at least share the prize for biggest Phill supporter over their. While I was one of the earliest critics of Phil and the PR staff there, let me flip flop a bit now. Even though I believe that Phil has cost us a lot of money in terms of his distorted (or at the very least, misleading messages about IOC's timing and per mcf value, I have to believe that he had a good exploration crew. I am not knowledgeable enough to assess this, but Mike H's team's drilling record does not seem to be superior to Phil's. Those with more expertise in this area can add a different perspective, but big Mike has not impressed me in that department. On the communications side, it would not take much to top Phil's record, but big Mike isn't that impressive there either. He is a clearer communicator than Phil, but still not impressive, and his provide minimal updates makes me happy I sold all my shares. Full disclosure...I am thinking of dipping my toes in the "IOC long" waters at these levels.
I disagree a bit. I think that when all the pumpers moved over to SHU, Yazoo became more civil for the most part. And for a while the conformity pressure at SHU really suppressed diversity of opinion there (not here). The December catastrophe changed that and all of a sudden SHU had more open (not "open", but "more open"; to this day still a great deal of conformity pressure) dialogue. Interesting social conformity process to have watched from a distance. The draw of SHU has always been that they had a few immensely knowledgable petroleum experts/engineers who are able to shed light on the technical aspects of drilling and the field of LNG.
Interesting that you say he has no place at SHU, Ebster. I agree with Michael that there are many in the "thought police" in SHU. After the December to remember stock debacle, STP has softened his stridency, but even he still tries his best to silence any meaningful diversity of opinion there. Message board pressure to conform haven't changed much over the last 5 years....they just largely moved over to SHU.
Why is it that Kenny's pump house chatter hasn't changed in the last 5 years? He is like a broken record.
Funny how you and others clutter the board with posts about avi. Put him on ignore and forget him. That's what many of us would like. Who cares what committed bashers say or when they say it?
"do you think they want to throw money away or find oil and gas?" Fact here is that they WANT what we all want...to strike pay dirt (figuratively). But fact...wanting is a far cry from doing.
"Pet says we have several tigers by the tail and he should know, that is a big fact! " Yea, its a FACT that this is Pet's opinion. FACT is that even he does not know, although he is the most credible guy here, so it's good that he is optimistic. If the FACTs were any more conclusive than that, we would not be struggling to stay above 60.
What are you smoking? The chart shows 2 good days (the first two). After that we are in essence, basically flat (at best). Good 18th and 19th though.
Kenny simply gives longs a bad name and shows what a sham the SHU one-sided "dialogue" is. Note that the SHU police come down on anyone who questions IOC or its management, but never the BeeSSS that Ken puts out. He is as bad as the basher liars, but his lies are tolerated because they support the hopes of longs. It's like a drug and SHU is like a cult in so many ways. It is my hope that IOC eventually hits it big, but there are no guarantees and timing can be a real drain on long's investment accounts.
OK, further evidence: XOP the oil and gas index was up over 3% today, we ended up less than 1/3 of a %. Ugly short term performance at best. Shorts are exerting a lot of strength at holding this down (or big hedge funds trying to accumulate shares on the cheap (probably one and the same thing).
Not really true. In the last 2 weeks, we are down about 6.7% and SPY (the S&P) is down about 2.6%. Again, this during a period in which the threat of EU sanctions has been put into place with increasing risk and volatility in the Russia-Ukraine region which should have made the future of LNG more attractive. My best guess answer to my own question is that shorts are trying pretty hard to drop the price of this stock. When shorts target a stock, it is a little tough to see significant gains or hold your prices.
No money in natural gas? Tell that to the EU, Japan, and China. Big, big money deals are being done every month to leverage the cleanest burning fossil fuel on the planet. He is blowing it out of his you know what if that is what he really said. Exxon just spent billions building an LNG plant in Paupaua, New Ginea (do you think they did that for vacation kicks?). And they are looking to expand it. Either your statement is an outright lie, or his is. If there was no money in it, Exxon would not be looking to build out additional trains to increase it's capacity if they didn't see big money in it. Also, Total just made a deal with IOC to buy their gas and build another LNG liquification plant in the same country (and there were other bidders for the gas including, apparently Shell. Building that plant will cost Total billions also. Do you think for a minute that they throw away billions on the belief that there is no money in natural gas? Absurd!!! You must be a short to make such an absurd statement and hope that someone believes it. If the Exxon CEO said anything like that, you have clearly taken it out of context, because there is clearly big money to be made in the liquification and export of LNG. Hence the bandwagon other firms are following with Chenier in the lead. The rest of your post makes little sense either, but I don't have time to cover it point by point.
Not sure why everyone doesn't put fool-Gary on ignore and be done with him. But the bigger question is: why has this stock been going down for the last week. With the troubles in the Ukraine, Russian gas should be considered at risk and therefore the LNG from LNG should be skyrocketing lately. Any theories among the serious longs here?