F's float is too large for the share price to double from the mid-teens under the best circumstances short to medium-term. I presently do not own F but see the bad quarter and GM's continuing problems as presenting a possible buying opportunity with an eye for an acorn or two. Back on the watch list.
RGR down today again on CAB earnings report. Product demand increased with fear of gun control laws and has waned as those fears have been allayed. Fort Hood aftermath and new Georgia law appear to reflect a shift in sentiment toward arming versus disarming law-abiding citizens. May not be unreasonable to put in a stop limit order if you can't wait for 3Q ( lead-in to hunting season) results or for the next mass shooting to get gun control advocates up in arms (pun intended) again.
Tens of millions in sales in the years ahead is not very encouraging. Are you sure he did not say hundreds of millions or tens of billions?
Might look at Rush Enterprises (RUSHA and RUSHB), which operates the largest network of heavy and medium-duty truck dealerships in North America.
Just traders unwinding their energy bets, and the computer algorithms doing their follow-on thing. All we can do is hold or try to guess correctly when it will occur.
Let's not rush to judgment. It's not summer yet. We know crude prices are supported by financial traders, and should they decide to go in another direction, prices could fall quickly. Reuters reported yesterday the EIA predicts oil production from US shale fields will rise 75k bpd in June on top of a similar increase in May. Further, Wood Mackenzie now says 70% of tight oil reserves remain economic at $75 ("Is the US Tight Oil Market 'Too Robust to Bust'?", Matthew Veazey, Rigzone, May 9). As long as the oil patch is pumping increasing amounts and exports are restricted, there's still a chance. What did one pundit say? The guys drilling for oil now are the same ones who busted natural gas in short order.
I didn't say it would happen, just that time is left on the clock and there are reasons it could happen. Upstream players in my trading bag are hedged @ $95 for 2014. Action today in anticipation of record low inventories at Cushing in the face of robust demand (per Downstream Today daily recap) suggests traders may not be ready to let go yet.
Focus on the trailing twelve month sales growth slide Kathy Bloch addressed instead of quarter-to-quarter guidance. Very impressive if CTSO can maintain that trajectory.
"The price of U.S. oil rose Wednesday following reports that Washington is studying whether to lift a longstanding ban on crude oil exports ...
Department of Energy Secretary Ernest Moniz told reporters in Seoul, South Korea that the government was reviewing the issue of crude oil exports, given the mismatch between rising supplies of crude and the U.S. refining capacity, The Wall Street Journal reported." ("Oil gains on reports US may lift oil export ban", AP, May 14).
Point is someone has convinced administration officials that domestic production and refining capacity are mismatched. Watch for unilateral action on the administration's part this summer or early fall, balancing light, sweet exports with heavy, sour imports in the name of lowering fuel prices for consumers and serving the dual purpose of getting the WTO off their backs. VLO wins. Embrace it!
Here's the actual quote from Bloch, taken from the SA transcript:
"For the first quarter of 2014, direct sales accounted for the majority of our product sales. However, sales to distributors continued to strengthen with several reordering multiple times during the quarter.
Now taking a look at our trailing 12 month of CytoSorb sales, and this chart demonstrates the positive trend that sales continued to take overall. We like this presentation because it removes the lumpiness that may be observed, when looking at purely quarter-over-quarter results. We do continue to remind investors that at these early stages of commercialization, we may experience quarter-over-quarter variations in sales. That said, we have now passed the $1 million mark in trailing 12 month product sales. Actually $1.2 million specifically as of the end of Q1 2014, and we expect a continued upward trajectory next quarter."
You overlooked this statement by the CFO:
""For the first quarter of 2014, direct sales accounted for the majority of our product sales. However, sales to distributors continued to strengthen with several reordering multiple times during the quarter."
"Less expensive" is a relative term, referring to Asia at $14+ mmbtu and Eurpoe at $7+ mmbtu.
Easy to do, and trolls can be identified and expelled quickly. I nominate ah673000 or vlono.1fan to inaugurate the VAPers Hangar group under the "Investment" category if teddy_v_k doesn't want to take on the task. I will do it and conjure up a verification procedure for membership if no legitimate VAPer in good standing volunteers. Just say the word.
VAPers Hangar Yahoo! group has been set up. Set up as a private group, so you must be invited. Watch for your invitation and access by clicking on "Groups" in the menu ribbon at the top of the page. We will figure out how to share ownership after more people join.
You're welcome. i did send ah673000 an invitation despite his absence today.