No...NOV can't swing that...not really even close. However, it does seem like WLT could be targeted perhaps once they sell off the nonprofitable arms and pay down some debt. In its current state I wouldn't think there would be any interest...but that's jmo. GL, B
The big advantage here is the fact that there is huge support at 54 but that support really extends to the 58/sh area. The reason I say that is that when they did the offering at 54 'someone' bought them up and the stock jumped about $5/sh. I have done my own investing for about 10 years now and I continue to be baffled at what happened last month. The only conclusions that I can draw from the price action is that there is a lot of support in the mid-50s and I clearly don't need to be worried about being piggish here. I am just hoping the company continues on plan so that the big investors don't leave. GL, B
That's good advice. So the sell would be on earnings day....if there is a big pop that is. I wouldn't be surprised if the stock runs 10% this week. That is, 215/sh or so.
fingers crossed....but I do tend to agree with you. They seem to be in the favored niche of children's toys and their CAP is only 500M which seems very low when you get tunnel vision of just their sales numbers. Time will tell the story. I think there's a chance that the stock trades in the double digits this year and I can't see, under any circumstances really, it trading below the 6/sh low. GL, B
Seems that Morgan Stanley agrees that there will be a big move, to the upside.
Great quarter!!! This company is going up, perhaps not in the next week or month but over the next year I expect we will be seeing another 25--35% of upside. I am hoping to get an opportunity add on the cheap. GL all, B
So no thoughts on either side? I gotta say that I'm shocked. This board used to have a lot of action.
OK, I don't often jump on boards and say things about what is going to happen b/c there is zero to gain but I just noticed looking at the charts that there is a major convergence of long term and short term resistance (a look at the 5 year chart shows it best). In the past when I have noticed these situations set up the moves have been huge....GD is a good example of what happens when the stock runs up. Anyway, I would expect that if BIDU can show that they are continuing to monetize mobile (and at a higher percentage of course) than the stock show aggressively move higher (as much as 40-50% over the next 6 months). Well, there it is....thoughts, preferably one's that have used a brain to conjure them up. GL, B
100 MG/Q???? You must be a short to word it like that!!!!!!!! If you are thinking about investing in this company, think this thought and this alone....will gasoline last longer than NG???? When the inevitable comes.....what are you going to buy? I don't want to be the one to tell everyone but CLNE is the high beta way to go....it will be a 100 dollar stock. UPL will be a 100 dollar stock, and glng will be a 200 dollar stock. These things make me sound crazy and would make me rich......rich would allow me to give it away....
Looking at the portfolio I have no other options....BIDU is the only easy money in it....this is a 100B cap in 2 years so I gotta load up some more. I am looking to buy under 180/sh.....I don't think I will get it now that I have the limit in at 179 but time will tell. GL all, B
Well cowboy, for every buyer there's a seller. I am on the same side as you but I wouldn't read into today's action all that much. I do like the constructive push up off the lows but only time (aka...an ER) will tell. GL, B
Since I couldn't give a #$%$ to edit myself on this format I will have to take your word for it. If it makes you feel better I will just tell you how smart you are and that wish I had the spelling intellect that you have. Just out of curiosity, what does it say about you that you read and respond to posts of those so below you in intellect? Interesting.
Hey, selling at 57/sh after it was 37/sh like yesterday is fantastic. No mistake there no matter what. I know I whined a bit earlier regarding the DDD misstep but in the end, selling b/c a stock rips higher is just good portfolio management most of the time. I have not sold any GLNG yet but if this rally continues on for too much longer I will consider it. As for ERF, I am up about 100% since I got in last February...my least stressful holding ever...but for those getting in now be alert. UPL is a very solid company with quite a bit of upside, but it has run from 19/sh in the last 6 months or so. CLNE is the stock I personally think has the most upside in my portfolio over the next 5 years. I do think that there is a transition to NG powered trucks in our country and their fueling stations is going to be the bloodline of that transition (they also have other rev streams which are forward looking too). Anyway, best of luck to you both and feel free to comment on my remarks. I personally like to bounce ideas and get them bounced back...even if they are of differing views. GL, B
To Nadsmis' point though, often stocks that are overpriced get WAY overpriced before they correct. I don't have a huge position in GLNG but big enough to care and I got in really low so I got lucky. With that said, I am going to sit on the shares so that I don't make the same mistake that was made after I sold DDD after the 1st 100% in upside. Stocks usually overshoot and those will correct but there is usually an event that causes the correction. I don't see any event on the horizon that would make the export and transportation of NG not be a good investing idea right now. Unless of course everyone out there in the Eastern half of the World choose to shake hands and quit with the horrid actions currently taking place......No, things are gonna get worst before they get better, and for GLNG that is actually a good thing. Other names to look at are ERF, UPL, and maybe even CLNE on the homefront. These are all names that on a historical basis are still pretty cheap. Well, ERF is only looking pricey because they completely changed their business over the last few years and they've hit a homerun with that change. Anyway, GL all. B
Please people, before you run around posting that you have just read the most embarrassing thing on yahoo....scroll around the site. People on these boards can actually type in a language that is learned in school, which is a start. They can also talk about something other than what is directly in front of their face which is abstract thinking at a minimum. To say that a person on this or any ticker board is an embarrassment really just makes YOU the embarrassment! Get real and except that there are people who have a different view than you. Well, that is all I have to contribute to my scroll though the board tonight as the stock is on a tear of late and I hope it can fight the tide of the Global negative trend that is this week. I think that a level of resistance will be established today as Iraq helps nobody spend on China. Not right now. BIDU has an excuse to sell off today, perhaps I will join the selling. Not likely. GL all, B
As I sit here at almost 2am and glance though the portfolio and have to look at WLT...errrr...I have to admit it. It got way worse than I thought it ever could. I might buy some more if the situation is right (news and sh. price) but I don't think so. I won't be selling either. Obama won't win the next election so I'm pretty sure that fact alone is worth 10#$%$ some point.....but I still can't buy b/c I am OK with defeat here. That said, the fact that I have learned to take a loss....this means it likely will turn out to be a missed opportunity. That would be the day. Of course, just look at GE, WFT, GD, GS, UPL, CLNE, POT, BIDU, AAPL, NFLX, and the list goes on....if I gave up on all of these....then where would I be???? I'll hang and kick myself later....I have to admit that I'll done it before, and I'll do it again. Go Republican party! Well, for this position anyway. GL, B
PNGGGJONES- Great post! I don't dispute anything that you are saying but I will tell you that as a long, and one who got longer on the last pullback, I do see this as a great speculative position. With big oil starting to get interested in NG I gotta think that they believe it is the future.....I mean, at some point our leaders here have to wise up and see that when you are holding a full house, you don't continue to fold. We are sitting on a FULL HOUSE!!! I own GLNG also and it is ripping based on the fact that in the next couple of years we are going to be exporting....everyone else has figured it out. I have confidence, and patience, that we will here also. Best of luck to you. Let us know when you buy.....B