Follow CST but presently own no shares. 4Q under-performance and cautious outlook blamed on competition has me keeping my distance. Nice run, but the rapid descent from the recent 52-week high has me inclined to wait for a new 52-week low.
Just above this thread is a text box in which you can type "FDA approval", click the "Current Board" button and peruse the discussions regarding the subject (note that you also may choose a timeframe for the search). Quick and dirty, CTSO partnered with the USAF in 2103 to conduct a rhabdomyolysis clinical trial, and was approved to conduct an independent pilot study in 2007 but elected to pursue a European CE Mark instead as a quicker, less expensive initial path to market. CTSO's CEO has been quoted in at least one recent media report that pursuit of FDA approval will commence "soon".
All Gulf assets were not sold, just shelf assets (APA did retain 50% interest in all exploration blocks and in horizons below production in developed blocks). All deepwater Gulf assets were retained. Also, APA sold only 33% interest in Egypt assets.
Are you suggesting we've seen the high and will close flat or arguing we're on a downward trend to year end? Also, is that your analysis or are you repeating predictions of others, like the one that AAPL was headed to $1k in 2012? j/k
Funny you would mention CST the same day they warned and issued cautious guidance. Those hot dogs also must not be selling.
Those are industry statistics, not government statistics. Never said coffee and liquor were in trouble. Suppose you must watch and learn.
Yes, please. My position was not completed in the last two trips. Suppose I need to go all in at the next opportunity.
All I know is it's nice, for a change, all those CTSO shares are keeping the portfolio bottom line green - at least in the first half-hour of trading - on a bloody red day in the market.
Ultra-deepwater drillers entering a near-term bear cycle, says UBS
UBS believes ultra-deepwater market is entering a period of over-supply and that the jackup markets will reach oversupply in 2015. The firm believes there could ba a 12-18 month downturn as new rigs enter the market and E&P spending slows. The firm expects stock prices to remain under pressure and reduced estimates and downgraded Rowan Companies (RDC) to Neutral from Buy, and cut estimates for Diamond Offshore (DO), Ensco (ESV), Noble Corp. (NE), and Transocean (RIG).
Statistics trump anecdotal observations. The FDA even is mandating calorie counts on menus at chain and fast food eateries as well as vending machines because obesity has reached epidemic proportions. Notice how how the competition you mention is centered around healthier menu selections? Look to the declines in domestic soft drink and tobacco sales for the unchecked future of fast food. BTW beer sales are declining, too.
Careful there. Consumer trends will pressure MCD shares, as has been the case with KO, PM, MO and LO. People are more aware what's good and bad for their health.