Ok, I'll bite....I will do the math but in the meantime....you may want to buy out of your short position. The problem is...who is going to sell to you? Not me. Not yet. Also, taking on 3B in debt for a company worth 70B...or even 20B for that matter is common sense. You don't put your dollars on the line when the 'bank' will let you put theirs on the line....some people see not having debt as a negative for a company. To draw a parallel, go try and get a mortgage without any debt.....it's not an easy thing to do. It was my biggest obstacle when I bought my house. I didn't have credit cards and the ones I did have I had cancelled, THAT WAS A BIG NO-NO apparently...thankfully I was young. Anyway, PWANSLY, we are of differing views which means that I have a lot to learn from you. Thanks for you post and I will think about this more in the AM. GL to you and sorry for the sarcasm earlier in the post, B
I tend to agree with him. I am long.....CLNE is a speculative holding that I have accumulated over the last 4 years, in fact, I may have first heard of it from Cramer (who is great at predicting market sentiment but no better than anyone else with individual stocks). Anyway, I own positions in all areas of NG becoming a larger part of our lives. From producers to shippers to retail....4 to be exact (unless I'm forgetting 1). At some point I am sure that they will all pay off...but when? CNE could easily be a 8-10B company when NG catches on, which it is, but it has to get profitable quick otherwise the company itself could be in trouble. They need to quit the build-out and start opening stations so that EPS can actually be...oh, positive for a change...lol. Anyway, as for the people that are big bears on this board (teach, to be exact) all I can say is that if it weren't for the investors and leadership that CLNE has....this stock would already be ZERO! In the end, I am holding and bought the last time the stock dipped into the 8s so I guess I am here to stay until something changes that. GL, B
I said yesterday that it would open at 214.83 (i think it was .87....you can see if you look....Just for fun was the subject) and that it would fade throughout the day to the 212 area. I wouldn't be surprised if something like that happens BUT...that was a fantastic Q!!!! I also said it would run to 225 next week....I'm not selling in the low 200s, why would anyone else? I get the feeling that things are gonna be pretty interesting over the next month. The big question is, what are the MMs gonna estimate the growth rate to be? Many have the next 5 years in the 20-30% range, it may be conceivable that they were off be 10%. If that's the case, what will they give the FPE (1yr)? Will they give the FPE a 60? That would still be cheap....Those who are talking about 300/sh this year aren't necessarily pipe dreaming if you ask me. I wish I had a crystal ball but I don't so take my words with a grain of salt. GL and congrats, B
OH, remember....it isn't a gain till you sell it.
The reason that I expect this is that a lot has already been invested and last Q they had already seen significant results from their investment into mobile. I would think that the momentum gained last Q would only increase and, as I've said in the past when the stock was down in the dumps when they first began the move to invest in mobile, look what GOOG did once it started to monetize their mobile platform....it was explosive to the upside. It doubled GOOGs CAP. I expect the same has already begun in BIDU. The thing is, the move began last Q....GL all, B
So with earnings tomorrow night, who would like to make a prediction at where BIDU opens on Friday morning...it's just for fun...I personally expect that mobile is moving right along and as a result they will beat sending the stock up to 212-215 range. Since I said an exact price above I will say 214.73....and it will likely drift lower before rallying next week to 225...Time will tell. Have fun.
I am looking forward to the results myself....It seems to me that we will be reaching for a new leg up if they beat and project well into year end. It's amazing how things change in just 12 months....GL all,
Well, I am a long and I am insulted by you...grow up fellow long. You do realize that who you are invested with speaks to the investment. If I am invested with a lot of people who speak the way you do then I will gladly sell and I would assure you that there are many like me. Grow up or go away please...for your own sake. Don't get me wrong, I have done some of the same things you have done but have also been educated why it is a foolish way to approach it....thanks in advance, B
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