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Verizon Communications Inc. Message Board

bighairybutt 3 posts  |  Last Activity: Apr 30, 2015 11:06 AM Member since: Feb 4, 2010
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  • bighairybutt bighairybutt Apr 30, 2015 11:06 AM Flag

    You are still getting paid a return which should equal around $.30-.40 over the course of the next 12 months.
    This is a decent return for holding a position that is highly leveraged to the gas price. Unlike many energy investments, there is no risk associated with debt or finance and no big employee costs and bonuses to pay.
    Gas production is sinking except in the Marcellus, which could top out very soon. Borrowing money to drill wells is pretty much over in this industry. Associated Gas production will be declining quite rapidly as oil drilling continues to decline. I like the risk reward here in all perpetual R/Ts but this one looks especially promising.

  • Reply to

    Covered calls look attractive

    by canudigm Apr 23, 2015 6:10 PM
    bighairybutt bighairybutt Apr 28, 2015 3:27 PM Flag

    I have an order in to buy some at $4.80, hopefully I get done.

  • Reply to

    ANOTHER Big Sell

    by jdm1234567892002 Apr 27, 2015 4:00 PM
    bighairybutt bighairybutt Apr 28, 2015 9:46 AM Flag

    They aren't shorts, I think it is one of the larger holders, probably sellling to raise cash. Or it could be Calpers, liquidating fossil fuel investments for which they have been getting a lot of pressure to do, although mostly coal.

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