OK kids - a lot of you are in panic mode or at least looking for the alka seltzer or bourbon bottle but THIS IS A GENERAL SECTOR CORRECTION + AN OVERALL MARKET ADJUSTMENT so it is not specific to US ENERGY. Sit back and look at the BIG PICTURE and you will see exactly this. BUT.....the economic picture is improving and just watch 2015's growth and ENERGY NEEDS. WOW. This is that time when the market makes that pre-move correction and those who live their life in fear SELL THEIR HOLDINGS only to find that they had sold into the bottoming/basing/consolidation phase of the sector/market move. Now, I am still not excited about this stock but I will likely play the channel move as this drop may continue a bit longer bringing useg to 3.46-47 or worse case 3.35-37. Whatever we don't know but LOOK AT THE BIG PICTURE AND 2015......ENERGY AND COMMODITIES ARE GOING TO GO UP SHARPLY. Good luck but don't get caught up in the moment as it is........THE MOMENT and not the future. Boolean
and this is an aspect I discussed earlier in relation to oil prices....oil will rise sharply - this is the basing period so hang in there. This pain will end so if management here can show some bottom line success or rid themselves of Mt Emmons it will be a new game. Boolean
I think you need to broaden out your assessment and evaluation of what is happening NOW. All the micro-analysis can leave you misguided. Also, I will bet there will be news coming over the not too distant future that is going to bring a lot of clarity to what is happening behind the scenes and the solid outlook that lies ahead. Sure - if the USA economy goes into recession the whole deal is toast but that ain't gonna happen. Our friend uncle is likely calling the bottom once again as he has many times before - when he gets loud it is time to go positive. We shall see but the USA is going to lead the world back to prosperity........that is clear. Be there. Boolean
find a buyer -- NOW. I hate to tell you I was right AGAIN BUT I WAS -- SELL THE COMPANY. Bring out a press release now indicating you are looking at STRATEGIC ALTERNATIVES. Fire the BOARD and present management. Thank you. You know my number. Boolean
Yahoo would fill the large void in BABA offerings and they could then tweak it to their customer which is primarily Chinese - ponder my friends.
Looks like you are hitting the price point I said...........so now it looks like I must do my next due diligence evaluation to see where it goes now.......no drivers yet so downward pressure has the most weight especially with a negative market but you now have to look for a driver that could reverse this trend OR perpetuate it. I do believe there are a lot of weak hands in this stock that can run scared and dump so you could see a final mega hit down to 3.09-3.14 level. A reversal in the price of oil will be coming but not yet. Boolean
by Alibaba or Microsoft may come after Yahoo to get additional leverage against Google but he BABA association has my call and it could happen by next week.
but it is now a good risk/reward play-- oil stocks are being pummeled but that pummeling is now subsiding and Lucas has always been putting its feet on death's door and then finding a way to rally strong up to the two+ range........I am in on this gamble and feel like the next month is going to show I am right. Boolean
It just bounced off of my key indicator at max oversold.......so since I like to play the role of gambler sometimes.........not as much as I used to as I am getting too old for that BUT.....I may well take some more shares here as I sense this was that big final sell off as it dropped back to its prior low level and will then move higher over coming months. It ain't for the weak or the scared or the guy who doesn't go to Vegas once in a while but there are things here that I like.......may prove to be my undoing but hey what is life if all you do is sit on the bench and feed the birds. Boolean
slapping shareholders in the face while they walk off with the free cash and we sit homeless -- this is why corporate folk have seen their take rise by 240% while the little guy sleeps in boxes under the 37th street bridge........management needs to be removed along with this board. Insiders should be now be buying 5-10k shares with their free money - I mean they told us in the annual just how great they were and how great they had this company positioned. Where for art thou??? This company is anti-shareholder in my opinion and they need a large shareholder centric entity to come in and shake them up.........ANY TAKERS? Boolean
because earnings will be sub par or some other issue - the SEC would not like getting that note. There are too many big shots taking out the little guy so I keep watching for that and let those that need to know know u know. But nawwwwwwww he wouldn't have done that so not to worry. Boolean
with nerds a million waddling behind it like little lemmings - way too funny. Oh my IPHONE is so cool OH my applepay is so real.........way too funny...but they did make the cash off those lemmings while taking higher margins from them as well -- nice trick
for you - good choice. any company selling at pennies a share is massive risk and the potential for complete loss is never off the table........you have to play a basket of these little devils so your risk is spread out - if you hit one or two it covers all the rest of the losses. I still think we are OK here unless oil collapses yet again -- 2015 should be strong and oil could rise for a number of extraneous reasons like ebola.......Syria......pirates........etc. I said it hit max oversold and bounced so now we need to see today does it stay supported or break that line cuz if it does break thru the downside the story could just get worse. In that case it would say......ouch. Boolean
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