Having a stop taken out at a tidy (100%) profit is not my definition of losing one's a@@, and the DNDN bear raid is an isolated example in which stops worked against investors. There are many more examples in which stops spared huge losses. Here are a few biotech cases to chew on where investors never got their money (profits) back unless they used stops: ALTH, DSCO, GNVC, ONTY, SOMX and SPPI.
You're spitting in the wind. A troll took over the VLO message board, so we set up a private, invitation-only Yahoo! discussion group where the regulars could enjoy a rational information exchange. Discussion group moderators even can monitor the message board for newcomers who may be able to add to the discussion and send an invitation if a Yahoo! email is associated with their alias. Discussion groups are accessible from the menu ribbon at the top of the page by clicking on the "More" option if it doe not appear in the menu ribbon. I (or anyone, really) can set up a discussion group if you or a credible contributor wants to accept responsibility as owner or moderator.
Another alternative is to employ the "Ignore User" option or conclude, probably correctly, that Yahoo! message boards generally are a waste of time. However, I still would be unaware of CTSO had I not seen it mentioned on a message board five years ago; sometimes you just have to separate the wheat from the chaff.
Caterpillar (NYSE:CAT) expects to post per-share earnings of $4.60 per share. Remember when $9 ,,, $12 ... $14 per share were anticipated?
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.