My gut feeling is that the divvy is safe for the time being. IIMHO, kenpalley hit it on the head that non-GAAP earning will support the divvy. The accounting in some of these stocks; much like MLP's is tricky. Much of their loss appear to be hedges-even accounting for these is a mess-so in reality that is not an operational loss This morning price action is totally the overreaction that the market has to most bad news. There are a lot of jumpy folks who shoot first and ask question last. Lets see where we sort out at the close.
Idiot, even a broken clock is right one time a day. No one laughs at you unless you make stupid unfound and unsupported statements. Personally, I get tired of people like yourself and spinner who have no skin in the game other than " I told you so." When it goes against you you disappear like a pack of rats not to be heard from. Reveling in the suffering of those who do have money and time invested has a clinical term. It is a sadist. If you it fits you then it wear it. Bless your hearts.
I am somewhat confused if we have made or lost money on this transaction. I added value of both companies and divided by the number of shares and got $7.25 . What am I doing wrong or is that it? My thanks in advance.
Thanks, I will take a look of those online. The charts on this stock are terrific and positive. THe big drop caught mere by surprize.
Standard margin is 25%. That means you can buy 4 times the worth of your portfolio. When they raise the margin requirement as they did here to 40% that cuts-reduces- my buying power a little over $64k.
Recently purchased this because of recommendation from my paid stock letter. Unfortunately I do not have anything but big loss to show so far Any ideas why are we down and market is up? This was supposed to be a fairly safe harbor investment.
Good fine. Shows the Saudi's still are the market makers in oil.
yep, we are beginning to see a movement saying oil is near the bottom. If you look at previous oil crashes and apply that data to this crash, mathematically oil is selling in the area where it should be for a few months.
I felt the same way myself the last few days. Recent production problems is the only thing I can think of that may be holding it down.
Thank you for the informative update. Your expert analysis is much appreciated. All the boards need more poster like yourself.
Us still at over 9M N bpd. Most likely will increase daily until late summer. Looking at shale producers cost it is hard to really say what average is. I have heard that $50 oil will test many. Rig count means little at these numbers. We need huge cut to reduce production substantially. All the previous figures are thrown out the window in this decline. It is purely a geopolitical thing. IIMHO, this is an oil war between SA and Iran and Russia..
True, I just hope they don't let this opportunity slip between their fingers. If they were to go to that, you would believe they wold have sold some by now.