So the pain in the market continues - ouch that hurts don't it kids -- gee we wish it was all so much easier but then the market needed this drop as it was way overbought right so look at the big market turns in 1998 and 2011.......I am sure....well fairly sure that this is what is setting up again for a strong market RUN. Sure I am buying these drops because what comes next once again separates the true investor from the one who plays only on emotion. These calamity hits come all the time and scare the begibber out of people but hey it is all part of the ride and gives one the play to put cash back to work as I am doing now. Thank you Mr. Market. I will be right. Boolean
I have a ton of stock and of course that ton is lighter now than it was a month ago --- so many being pounded in this adjustment -- makes you stomach churn a bit don't it but alas that is all just part of the game.....just happens to be the bad part. The good news is this too shall pass and the coming run will be very strong. We all needed this correction before that time as this run has been way over done and extended. So sit back take a good hard drink and look to the future........cuz the future is where we are going and that future looks solid. Just not right at this moment. But don't waste too much energy on that seekingalpha stuff as they are like the motley fool and pick a ton of stocks and hope some come home.............. Boolean
do you get that sense? Or do you adhere to the thoughts of those who come on the board loving any drop in the stock price so they may feel emboldened.........yet so vastly misguided. But that is for them to work on not for us. As I explain to many - it is all about percentages. I am up nicely this month again even with some losses/reversals.........many temporary and many I am adding to on the drops........percentage is what is important. You will not win them all so you shoot for winning the greater PERCENTAGE. Much to learn for those who live their life shrouded in negativity and rebuilding of diminished self concept. They know who they are as do we. Yes - the market will regain its footing and shoot towards the 2100 S&P level by year's end. My recommendation is to........... BE THERE. Boolean
that answer will unfold - I had put in more buy orders on its swoon to .40 so I remain hopeful tat it will once again step back from the cliff of death and make another strong run up to the 2-3 range in the coming year.......we shall see and it all depends on the economy which I see as being very strong in 2015-16
September is over.........September is the worst month of the year for stocks with October having some of the largest moves but hey BUY IN NOVEMBER AND SELL IN MAY AND GO AWAY......will be huge this year....hang in there kids. This ain't a dead market just a reformulating one and it will run much higher. Boolean
and the BOARD needs to be removed and replaced with shareholder centric people - real leaders who know how to manage and build a company not just rip it for their own good - what is the pay of these fools.......check it out. Have they in any way earned any of it. Sure it was easy with the bush/cheney train wreck who were willing to rip the armed forces for their own good -- sure but now it ain't that way and without the free stuff this management has no idea what to do except grab the free shares and sell them to pad their bank account. Just a travesty. Boolean
I am hopeful that this sell off is done but who knows -- right now it is closing near its low so that is not good as the momentum is moving negative BUT again - September is over and this is a growth stock in a recovering economy so this has to pop UP .........
back in 2012 - 10k shares. I guess the company is being sold so it will work out. I get so many buyouts from my value plays it makes sense again. Boolean
oh my - Holy Casablanca...........what did you guys do. Well this is a loser for me right now but it is at MAX OVERSOLD but.......if it can't rebound now then more pain is coming as max oversold in my key indicator is very helpful in identifying turn around in price points. If they can survive into 2015 they will be ok but holy Casablanca this is a real collapse.
and they just can't find it in themselves to BUY shares on the open market. Simply amazing and brash don't you think. I mean I am here telling them what I am sure they already know unless they are too infected with their own illusion not to understand and see it. Come on now - man up and do what is right. Insiders should buy a minimum of 5k shares each in a coordinated purchase. Boolean
yes real I know you are a value investor like myself and like me got back in big in March of 2009.......and I say this market has a long way to go. As I noted on other boards - the massive financial collapse purged the system of a lot of dirt and dust........not all - not the majority but a lot.....and now the recovery will be much different than is the historical norm. I see 2015 as the year where more hiring come in and that will further stimulate the economy as people will have more money and it is people who spend and drive the economic engine. So many stocks become mis-priced and for most investors that becomes a scourge and a thorn and psychological hammer BUT for some of us that means opportunity as Mr. Market will always.....in time......readjust and correct the discrepancy. You feel good about USEG as of yet I do not. You question Earthstone and I find it to have huge potential and over the coming 0-3 months that will become apparent in my most humble opinion. I believe the things that are coming will dwarf that which is already on the table. Earthstone's management arrangement is significantly more bullish to me than that of us energy.
Finally - the market will have a huge surge going into the last three months of the year.........2100 S&P is still in the cards. Boolean
it is now once again bouncing NEAR......not at the max oversold level of my key indicator. As I noted as it hit there the last time if it does not move up when that indicator hits then more downside is in store - no consolidation....and as clock-work it dropped. Now we will see if it can hit max oversold on Monday and respond or not. The downside now appear to be in the 2.82 - 2.97 range. BUT - they need to get rid of Mt Emmons - I don't care what you kids say that is an albatross - the thing that goes bump in the night - the thing that is heavier than the other assets and plays on people's better judgment in terms of buying the stock. BUT 2015 IS GOING TO BE BARN BURNER SO THE ECONOMY AND THEREFORE OIL/GAS NEEDS ARE GOING MUCH HIGHER. The cheapo gas prices you see know will be TOAST. And - ebola - pirates - terror - fear - will all drive oil/gas/commodities higher. Hope my cliffs natural that is getting pounded (in too early on that as noted - infrastructure expansion is not yet happening) so hopefully they can survive until 2015. Boolean
this company seems to have the ability to walk right up to death's door and then when everyone says it is dead it flips them all off and recovers somehow............will it do it again? Time will tell but again not for the faint of heart or for money you can not lose.
Still waiting for the better stock buys noted by poster.
The SEC graced their plan so that is positive AND OVR will likely do more deal with Lucas and the new CEO is a guy who is no stranger to rebuilding poorly managed companies. Boolean
we shall see my friend - we shall see. there may well be something even more exciting coming for earthstone - not all you see is what is there and all that is there is not what you see........that is what makes the market such a truly wonderful game. Boolean
*and this market sell off is going to be the launch pad to the next huge rise.....and you mark my words about 2015.....BAM it is going to be solid and help to drive commodities higher......I will say this - BUY IN NOVEMBER AND SELL IN MAY AND GO AWAY will be a powerful play this year.
OK whatsup - /1/ Name a better deal for me to follow. /2/ yes they are not swimming in glory and I would not have touched it had it not been for the deal they made and my belief in 2015. /3/ We may both be wrong....... /4/ In this market sell off you all of a sudden have a lot of stocks go on sale and that is wonderful so you have to break out the shopping list
So we see Jerry Danni bought in and the stock has dropped precipitously from that point -- he is right in the companies seat. So if he can't hit it why do you think all the micro analysis will serve you WELL........pun intended. Just wondering........oil is still out of favor even yesterday with oil showing some resilience. Money flow to tech is up but oil will have its turn again so this is likely the clean out before the next run UP. Boolean