in this business someone always leaks info, crooks always have an edge. That's why T/A works better than fundamental analysis.
if these fools would all cut back by 5% they would get 10%-20% or more in price appreciation and keep some of their oil asset for later years.
Longs should stop wasting time replying to these stupid posts. Unless the company did something wrong, who cares what some dopey retail activist allegedly did.
amen, there is no valid reasoning for modeling the CG test leading to too many risky colonoscopies, based on using CG every year. CG will be used no more frequently than every 3 years and in reality probably about every 5 years. If the first result is clean and there's no family history, it's unlikely people will be testing again at 3 years. If there are polyp's they can prepare in advance to remove them during the colonoscopy. This is just bad math modeling from people that should know better. Hmmm.
agree with Texas, B/E and costs are coming down. The stock performance is much worse than USO, or WTI. At some point, before the hedged run out (years) basic economics will rule, low price causes supply destruction while demand continues to increase (slowly) and price will return to profitable levels. And there's always the chance for an unexpected M/E event to cause a spike. 2-3 years is a long time for price to remain low.
At some point the Saudis will feel the pain and wise up. Their strategy of defending market share is stupid for a commodity and depleting asset, it makes no sense. They should be trying to maximize price at a level that will not cause demand destruction (economic slow down). Apparently their leaders are not economic geniuses.
This makes zero sense, MEMP is selling their oil for much higher than current market rates, is mostly hedged at those higher rates for 2-3 years and still down 55% in 3 months while oil is down 9.5% and trading at an 11 week high. Great buying opportunity IMO...
and redemption. This is a good product, good company, they have $400MM+ in cash, FDA approval of CG and are being taken down by shorts. This system is so corrupt, Govt and all.