He said to buy big oil stocks on September 8. How's that for a wrong call on a market trend?
So don't short. Trade instead. Not core holding but trading shares. Get some if you don;t have any. These wide swings are money in the bank if you buy the dips and sell the rips.
It's a settlement comprising principal and interest for royalty underpayment to Oklahoma, and the $5M is the combined payments from APC and XCO. Presume it dates back to a 2007 acquisition from APC. Just consider it deferred payback of a loan from Oklahoma to drill a well.
How do you figure a stock offering minimizes dilution? Expecting CTSO to pare the offering to 1M shares, based on the higher share price?
Realistic perspectives expressed on this message board lately seem to have given way to euphoric illusions, but I suppose such are preferable to (but no less misguided than) the dire predictions widely dispensed ahead of the reverse stock split.
Eagle Ford (oil-producing) properties comprised only $680M of the total purchase price for the CHK assets, plus 60% of the deal consisted of PDP assets with $165M TTM EBITDA. Do it again, just a little bit lower (apologies to Jon & Robin, 1967).
Takes much determination - or too much time on one's hands- to read a third amended S-1. Thanks for your diligence to keep us apprised.
Presumably it's fact, since the SEC is not fond of speculation or fabrication. Wonder when the company plans to tell us.
Did you buy on the pop generated by the misguided October 2009 TapeBeat article if you have only a 2- cent profit after five years?
I'm glad for a different reason. Bought the dips all the way down and now selling the rips all the way up. XCO giveth this day our daily bread.
Thanks for sharing. I asked questions to that effect last week after the earnings conference call but have received no reply. Did Amy Vogel happen to explain why they filed the S-1 with contradictory language (i.e., pre-split share counts, pending consent solicitation proposals, etc.)? I presume the answer relates to communication restrictions during the stages of the offering process but would prefer to know rather than presume.
LOL. That's the gal NBR had to drop because her stock recommendations were unmitigated disasters. The periodic performance reviews were embarrassing, even to the casual viewer. ONTY fits right in her portfolio.
First time I ever have observed so much focus by a CEO on retail investors, even for an OTCBB stock. Maybe that changes with a NASDAQ listing.
Statement as of 7:25 am CST on November 11, 2014
... Much colder temperatures today through Friday with the first
freeze of the season possible in some areas later this week...
A strong cold front will move through south central Texas this
morning. Temperatures this afternoon will remain in the lower 50s
across The Hill Country and central Texas to the upper 50s to
near 60 across southern areas. By Wednesday morning temperatures
will dip into the mid and upper 30s across The Hill Country and
central Texas to low 40s elsewhere. Highs on Wednesday will only
be in the upper 40s to to mid 50s... with it feeling even colder
with a brisk north wind.
Even colder temperatures are expected Thursday... with lows across
some locations in the northern Hill Country possibly dipping to
the freezing mark... and upper 30s to around 40 elsewhere. Highs on
Thursday will only range from the mid 40s to low 50s.
At this time... freezing temperatures of 28 to 32 degrees are
expected Friday morning along and north of a Rocksprings to Medina
to Boerne to New Braunfels to Austin line. There is the
possibility of this line being extended slightly farther south in
the coming days... as models have been trending colder. South of
the line low temperatures in the mid and upper 30s are expected
Friday morning. Highs on Friday will only be in the upper 40s to
Can't argue with the visceral reactions to the certainty of a reverse split and dilution, but there's a bigger story here. I do believe institutional investors and various funds will want to own shares in an emerging biotech company with increasing sales. Such interest usually translates into share price appreciation, especially if the float can stay below 50 million shares. I'm voting affirmatively and holding my position.