And a bigger draw down in oil along with rising economic growth says.........our GEM -- the Earth Stone..........is in good shapes and with the coming initiatives on the horizon for our GEM it will be very interesting times. Boolean
Off to glacier soon
Phsre - being too close can also cause myopia - myopic views as your thoughts are polluted by things that don't matter. Investing in a stock is for many reasons and value plays is my game. But let's see how this q breaks out - I say we have easy comparison's the next three quarters AND the industry is IMPROVING with backlogs UP and the economy spurring more orders in the industry. That is what I love. I SAY EARNINGS WILL BE UP and this will continue for the next year - management will show how good they are doing by what I see in these quarters so sit back and see how we do. I am positive you are negative........that is how it lays out right now. Boolean
so we should rise again.......this stock is bombed out but needs to have some more catalysts to drive it higher. I would be a buyer right here but do own DD so you don't whine to others if it does not turn our your way.. Boolean
these boards are a microcosm of the faces of people you see everyday - they don't bother me. As I said before - thumbs up or down are irrelevant to me and I find that aspect of the board a bit silly.....a lot like facebook. It is irrelevant. Now what is relevant is China boosted industrial production a bit above expectations and at least right now oil/gas are UP. I see they are expecting a surge of output in ND as well. Oil prices had been running extremely strong so a little settling down is not unusual and does not portend the end........far from it. The economy is not as weak as Ms Yellen states and the rate structure is just goofy and will not end well. The fact that my short on us treas was in the green yesterday speaks volumes I believe but I do want to see today how it acts. I feel again that we are closer to the bottom there so I am buying it now. Transocean is way off....beaten and forgotten and for me that is value especially with that dividend. Earthstone is gem.......an Earth - Stone. The structure and intent that I see in this merger is a solid positive for it and I say it will be sold in 2015 or thereabouts. Those who see its demise and are betting their self esteem on it are in for a very sad time........load up on Prozac is my recommendation for him/them.
As for making enemies on us energy site well.........I was right and enemies only come to those who are willing to stand up for what they see/believe and when you are right on top of it those of lesser psycho-emotional resolve find that unacceptable and intolerable vs a learning experience that more positive people take away from it. Failure is a learning experience not a death threat.........people have to learn that. Boolean
and am heading back out there tomorrow. See you at the Belton - out on the deck. Also Many Glacier and West Glacier and McDonald area..........wow what a GEM. Boolean
and even uncle comes back just a smiling with the drop JUST AS I TOLD YOU HE WOULD DO -- his self esteem is skyrocketing today is it not ---- better than Prozac uh bubby boy. Have your fun as it will be short lived AND while you kids sing the demise of oil and gas I picked up MORE transocean today on the little drop........I love that play as I do Earthstone. And my treasury short has been up two days in a row now......gee uncle didn't even praise me for that........hahaha. So I am going to Montana to check some holdings and do some hiking in Glacier NP. Also bought another play today that has to do with Glacier......love the place. Obama numbers down and Congress lower than uncle's self esteem BUT AMERICA is rocking back kids and the next quarters will show that.....YELLEN will be YELLEN to raise rates a little before long. Just check job adds across the nation.......wow.......what a change. And remember my good man Laszlo Birinyi who is calling for 2100 in six months - S&P that is.
As for oil stocks........most have been dropping with oil for a week now so no BIG DEAL..........that too shall pass as AMERICA IS LEADING THE WORLD OUT OF THE DISASTER YEARS. Be There. Boolean
they just keep on and on and on with their nonsense trying to look smart and yet so often they are wrong and then flip to the other side. Let it go FOOL you are Motley FOOL. Obama trying to get the Right to DO INFRASTRUCTURE but their tea bags won't allow it - so silly. They sign an agreement to do everything they can to make Obama fail - hey kids that is the USA that will fail not just Obama.
sorry u feel that way about me but that is your opinion and your right to it. I try to bring knowledge and discussion to the boards and understanding that the market is a MACRO event not a micro event in so many ways. Macro you can get your arms around but micro is mostly just too hard if not impossible to get to with any degree of accuracy.
If it makes you feel better I could tell you that I don't own any stock and live in a cardboard box under the 42nd street bridge and most days I and my imaginary friends play the stock market with monopoly money and stones -- stones are worth the most as you can't destroy them. Also when playing rock-paper-scissors ALWAYS pick PAPER..........scissors is the least chosen - percentage wise of the three and you will win more than you lose. Good day and keep up the good attitude. BooLoon and his imaginary friends the Booleano''s
Most certainly - the connection is clear to me.........economic growth will drive rates higher......economic growth will drive energy needs - WHY DO YOU THINK SO MANY very astute investors and newsletter writers have energy plays as a key play..........and you know what......Earthstone is an energy play AND it has a kicker with a very positive development coming with their quasi merger.. OK? Boolean
The macro world impacts macro sectors and macro economic growth will impact macro stock universe has it has..........and again as my tutor Laszlo Birinyi says..........we go much higher with his new target UP to 2100 S&P in six months. Be There.
WSJ article this weekend about interest rates - Rate Talk Heats Up Within The Fed - pg A2. Demonstrates the discussion/haggling going on regarding zero interest rates with some looking to begin the push UP others not......again my BIG PICTURE view says we are closer to the bottom than the top so I may endure some short term pain but then comes the longer term GAIN. Since it broke out of its trading range this week and US debt strengthened on Friday I will sit and see it continues to drop and won't fight the proverbial tape. But Ms Yellen speaks on Tuesday in her semi-annual testimony so clarification on rates will come then -- I doubt she will be overly pessimistic and WILL indicate that rates could rise quicker if the pace of economic growth continues to improve. We will also have to watch capacity utilization for cues to where we go BUT GOLD is telling us something here and it is more than a small bank in Portugal as GOLD has been rising before that. Enjoy my friends and never allow FEAR TO BE THE ONLY DRIVER OF YOUR MIND and know that Mr. Market ALWAYS has the upper hand and it will use FEAR to increase your probability of making mistakes.
*again - I am down both days now on my short play and it could get worse before it gets better......who knows. As usual - I take a 20-25% position to my target amount on risky plays and only add the next 20-25% as the situation warrants. So now I am at the 20% point. Boolean
the stock dropped .36% on lower volume.......the stock clearly held up well. I told you were are dealing now with consolidation and we will go higher. The market's overall weakness will be a drag but it is without question consolidating right here. Your mindless chatter does little to support any points you try to make. Earnings are coming July 30th 2014..........so let's see how it looks AND most importantly how buyers are back in the market fort their products.......some good announcements are expected before the release........that is what I expect. Grow up OK.......... Boolean
they are a trash talking meg-news group and when they go negative it is very BULLISH -- they are doing the same with so many companies and just as they were negative on Blackberry before and were WRONG they will try to rework their theme to try to look like they were on the right side -- way too funny. Boolean
nice empty sophomoric comments again - where do you kids get this stuff. No actually maybe they will get in the face of management now and take a seat on the board or push them in other ways -- this company and management is UNDERPERFORMING and they know it and you know it and I TOLD YOU. OK. Good. Boolean
DOWN on the two days I own it as noted and expected -- bonds are defying reality and common sense so that in and of itself is a monster bubble in development and one that has been growing for a long time. I suspect some manipulation in the process but that won't last. I will do as I did with the S&P and RUSSELL leveraged plays when they were bloody and dead and dying and just keep buying when it falls with full knowledge that we are closer to the bottom than the top and that the reversal and subsequent rise will be POWERFUL and extremely rewarding. I don't fear a drop when you know the huge UPSIDE that is coming.......just like this stock here..........much more to come barring some colossal market slam which as Mr Birinyi noted is not in the cards. Boolean
I suspect they agree with me and will put pressure on management to MANAGE. They see this company as under performing as I do. I own my own company and I tell you this if I were managing this company I would be deeply embarrassed by my dismal performance. AND I WOULD BUY SHARES ON THE OPEN MARKET especially after the rah rah report I gave to shareholders. Boolean - watching out for the little guy.
as I stated would happen......now we see a pattern emerging where historically we make another run higher........news is coming in positive and I will bet we see another really positive order or more that kicks its reversal into gear. This market today should have ripped the stock but it held strong.........tomorrow we should move higher with any kind of flat to up market or one that is only marginally down........Boolean
it should do much better in coming months -- oils are going great as well and gold is rising now - watch for 1420 level and then potential sharp rise - still love my earthstoneenergy/este thought it dropped a smidgeon today after a strong run --- went short treasuries for a bit late today.
rise -- only my small Earthstone energy was down a bit but has run up a lot and great news. Will hold all oil/gas plays here. Boolean