not investors - this is when you want to hold this stock as the next releases are key and could well drive this stock parabolic -- if they fail we lose but the risk/reward is just too great for the upside right now.
market today - sure it was up nice but in no way was it a lift all boats type of run.
obamacare will be just fine in time -- it is crappola roll out for sure but the US healthcare system is a total mess and is why we rate so low in the world. The repubs have to help out to fix it - make it work for US. Obama ain't no super hero and as an independent I write to him to say so --- but Bush/Cheney were total disasters - you do know the entire administration was put into a vault for the last election -- that was not by accident - they were disasters. Cheney I am sure has some brain damage as you don't go through all the heart issues he had without losing some cognitive sense - that ain't no big secret.
enough of that -- this stock is still so undervalued -- even Ricks that rocked earnings was DOWN today - the market is nuts at times and you just have to go with it.
the release of the ratings again by oil and gas is a SET UP to solid earnings........brings in investors eyes - this for me says earnings are going to be solid Q-2-Q as I stated. This did not happen by accident -- good job buddy. Boolean
just as when I bought it when it tanked even worse the last time --- this is just market madness so don't pay attention -- in fact it is now a buy out candidate as well. Boolean
this was nuts ---- did the Catholic church do this???? Whatever - it will somehow overcome this manipulation hopefully.
Mr. Market always makes the corrections and the stocks rise - look at Earthstone Energy later this week for its release and also follow CPI aerostructures, supreme industries (a little more risky right here) and ntn buzztime (high risk at sub one dollar price but deal with Buffalo Wildwings holds huge promise - not for funny you can not lose but do follow it). Do OWN DD -- never ever buy from any one without your own DD - NEVER. Risk is high with any investment. Boolean
The price of Bakken oil had been running 10-16 dollars lower than WTI I do believe --- so any rise will be good and we should see world wide growth increasing so again this would be positive for the Bakken-WTI price comparison. Again, my key driver is the very positive comparison we should see vis-a-vis the prior years quarter. AND.......they should show some solid production comparisons and overall output growth. I just don't see anything that should get in our way - now that said we don't have all the answers until Ray lays the cards on the table.........I hold to my belief that this Q changes EVERYTHING for Earthstone and its investors. We shall see...........BE THERE. Boolean
this will have to make another run in the coming 6-8 weeks and will be higher at that point -- this is a good solid under value play -- we are out of the Bush/Cheney disaster years and into a new period of growth - the USA is now producing more oil than any time in history and leading the world in their outlook. The USA not China is who the world is hanging on to --- GO USA.
Earnings should be late Thursday to Friday pre-open. No one should be selling the stock right here --- this is what we have waited for. I remain a Ray BULL and that is NO BULL. The naysayers are short-sighted. Yes it has taken a long time but Ray has done an admirable job in building this company from a 32 cent (when I came on board pre-split of course) a share wanna-be-oil slick to a solid company that can become a real mid-size power. He has navigated through the tough times taking a little risk and building via a support base of partners and associations - he never wagered it all but rather built it out slowly - that is how you build wealth historically unless Uncle Bob leaves you a couple million and place on the lake...........anxious for the release AND the news of what is in the..........pipeline as it were. This is going to be the exciting part that I feel will transcend the wall of naysayers and squash the crying and tirades we have heard here. Good day. Boolean.
*yes looking into positions in emerging markets and watch gold - if it can solidly break 1270 the second leg will be on and that can be explosive to the upside. Start following gold stocks to see if they are gaining traction and that may give you a heads up that the gold money is going to shoot gold higher..............1270 - watch it.
Like I said and like Sands DID -- Sands had to go for the company to have any chance at all to survive but now they need to pull in a real outstanding CEO -- who that is I have no idea but it has to happen quick.
dollars moved out of the market and into..........BONDS. A RECORD. WHAT? Investors are a funny lot and small investors are the funniest. Now they moved out and the market is moving UP and they go into bonds that were so feared for the high risk of rising rates and their impact on bonds. Emerging markets keep diving so am still building my list and have not put a dime in...........yet. Don't try to catch a falling knife as it were -- but 20% into one if I can find one will be considered.
German Industrial Production dropped a bit -- what will next Friday do for US -- I don't expect anything great but should be the outlier going forward. So again I come down to late on the 13th or after the close for Earthstone to report their EARNINGS. Good luck kids and yes I continue to work on the letter of apology to Ray that you folks can use -- it's taking some time to clarify where you went wrong without making you look foolish and short-sighted so.........it is a work in progress. Boolean
My little Supreme Industries that is up nicely from the 2's just announced it will release earnings AFTER THE CLOSE on the 13th...........so this should go well with Earthstone's earnings release. Supreme is another of mine that should be bought out and I expect it to occur. Until then it has been solid but had a rise in taxes to confront and I will have to see how they are doing with cost reductions/employee issues so they can raise earnings.
Earthstone should be stellar so I have no worry there and their forward looking indicators should be equally impressive. I will begin penning an apology letter to Ray that all of you naysayers can send him after the release...........it is the least I can do. Boolean
Ray has done an admirable job managing the financial side -- not sure why you are concerned with their debt level. Sure he has to sell off non-performers if he can and additional cash is always good BUT Ray has really done a great job to date building this little company into a company that now has the chance........and I believe the high likelihood of being a solid long term holding. I am betting a lot on this quarter and I have stood up and if I am wrong I will need to SHUT UP.............but don't for that to happen. Anxious for next Thursday/Friday. Good luck Truth and keep on tracking this company. Boolean
This price walk down is something I see so often prior to good earnings or a surprise quarter --- the stock is walked down and weak hands are taken out ---- then.......BAM up she runs. For me this says I am right and this quarter will be the quarter that will mark the the beginning of the new Earthstone - an investor friendly stock. No reason for people to be selling right here.........but this walk down is key. Boolean
REAL - I am referring to Q-2-Q comparison not sequential quarters --- we usually do not have these good comparisons but rather more of a real saw-tooth appearance which is just too variable and HAD weakened the case for Earthstone. But I feel strongly that this is where IT ALL CHANGES and that it will be huge for us and of course the stock price. We shall see by late next week.
As for Truth - I indicated he was getting too deep into it when he went negative -- he is now actually more positive. I meant no disparagement.
We NEED THIS QUARTER and I am only saying I believe we will get it. Earnings can be down from LAST quarter - no matter but I really want us to trash last years quarter and we should do it.
The TRUTH will be out soon and we shall all know. Most of you like to trash Ray and I don't see it that way - he has built this up from a pup and used caution at first to build it without wagering all the money and the hope of the company on one or two drills --- now we are a company with some financial where for all and this quarter could well give us some chutzpah.
I SAY WE BECOME A RECOGNIZED INVESTMENT GRADE STOCK AFTER THIS RELEASE which should also have some good forward looking statements with it and some things not expected.......BUT GOOD. I stand with Ray - he has done an outstanding job. Again just look at the industry and you will see that they have been out of favor -- not just Earthstone OK. That is all about to change.......transformational - transitional and tipping point time. Be There. Boolean
I vote for Thursday the 13th with at least 45 minutes left in trading OR before the open on Friday. Thursday is a heavy news day so I would go late in the day -- Friday the 14th is light but some solid news with consumer sentiment and industrial production. Yellen does her second half data on Thursday around 10:30 (first half in on Tuesday about the same time) ---- so again I like my time frame.
Ray has built this company from the ground up - it takes TIME and now he has gained traction and financial strength and that is a powerful combination and something you should all tip your hat to him on. I do. Some like to rip him and look be short sighted -- that is lost effort and poor vision and poor investing. If I am wrong on this call............rip me and I am sure uncle will feel good to do so. But this Q is huge for us and I expect to rip the threads from its comparison quarter and to set some solid forward looking statements. The economy is improving -- the US is leading the way even though the politicians are doing their darnedest to stop it -- you can#$%$ AMERICA. Bring it on home Ray -- I got your back. Boolean
uncle - your short-sightedness is what makes you such an awful aim --- watch and learn my friend. This sell off is a just fine --- I will keep buying into it - it is rapid, clean and needed. Wait until you see what the price is at the end of March -- both the market and Earthstone and then take that and look at the end of the year. This is a cleansing not a death --- you may prove me wrong BUT............I DON'T THINK SO. And.........start mining for emerging market funds and start buying soon at 20% target increments.
The market mavens will come up with all kinds of reasons for this drop -none of them likely even close to the reason BUT........it satisfies the newswires. If you remember I said the USA would lead the world - not CHINA and that is exactly what has happened. I spoke to container makers today - two dependable ones and they had downs due to over supply - a seasonal issue that was made worse with the weather BUT they are back UP and RUNNING.........the USA is on baby ---- BE THERE. Boolean. Watch and learn - I am buying the drop into value/high value funds and these drops aren't even denting them as they are already VALUE...........you see you must know how to play these things when the risk rises. And what of my gold -- that rose sharply again supporting my position. Enjoy and glad you can use me as a battering ram - do it any time I can take it and actually somewhat enjoy it since I am most likely RIGHT.
is like HUGE BULLISH (hey let's go with that - hope is good) - Earthstone will release earnings soon and that will be massively bullish for US........if I am right. Then - with economic recovery improving it will allow Earthstone to leverage their foundation into a strong growth period and they will be rewarded with a much higher stock price and likely buyout. We are sitting pretty - many ways for us to WIN and few ways to lose........in fact only one and that is a total economic collapse which just ain't gonna happen. I see Norway now owns 1.2% of the US market with all of their oil money -- this market has a lot of support and it will run higher. Be There kids. Like I said I added more on Friday to a mutual fund plan/reallocation I am doing as this down move is running out of steam and it could flip to fast forward UP. As always you goal is to buy low and sell high and not to buy AT THE LOWEST as that is just plain impossible with any degree of accuracy. As they say - If not lucky, you have to learn how to deal with change and chaos. Enjoy. Boolean