Really not sure why this went up today. LINE shareholders pay more to BRY and so LINE shares go up. Makes no sense whatsoever.
Someone does seem to be coming in with these large orders just sitting on a bit. Most of the small orders are on the sell side. Someone is just sitting there gobbling up the shares.
Do not think you are playing with a full deck. More misery coming tomorrow for shorts. Best time to cover came right after earnings release. Now door is shut tight.
Maybe you listen to wrong conference call since the call is tomorrow. Big loss coming for you tomorrow. Go ahead stay short.
Not sure I understand the release. Buried in their is .66 a share loss but it sounds like the reporting method has been changed. It is looking like DCF is .65 which to my way of thinking is the bottom line for future distributions.
Our OG is dying. Basically, according to the waiters and Waitresses that I talked to, they said it was the pricing that was killing business. They said when they run specials that the business is good. When there are not running specials the place is empty. The last time I went to OG it was because I couldn't get in to Texas Roadhouse. I realize they are totally different restaurants but I thought the pricing of TR was much better then OG. In the end, I bought TXRH shares because it looks like they are doing much better at filling the restaurant.
If Cramer is buying it might be time to get out.
I think at this point a lot of the damage has been done on this one. If this slides to 10 then you are virtually guaranteed to make at least half of your money back in 2 years. So for 2014 and 2015 you should get pretty close to 5 per share in dividends back by the subordinated floor. The subordinated floor should not come off before that 2 years. Beyond that it is a big guess whether you get the other 5 back. At 12 I am not so sure I would buy in but below 10 I would buy with both hands.
The headline appears to be incorrect. MET reported roughly in line with estimates. Operating earnings were 1.34. Estimates were 1.36. There were some charges which brought the number down to .84. Rev's were close to target.
Personally, I would wait for it to go ex divy before I bought. I might buy back some shares I sold post divy depending on where this settles out. I think a lot of folks will sell after the ex divy date. It might go to 10 and I think at that price I would be willing to take a bit of risk with it.