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
buy a great company at a good price and you will do ok if not great over time.......don't try to time the market just buy good companies when they go on sale.........
nice solid bounce off the sell off today - now we have to see if tomorrow holds as often you see this happen and you think you won only to find the next day or two it gets knocked. If it holds I guess we may well have a bottom and I may need to cash in some cans to buy some shares on the next dump. Oil is still at risk thru years end so I doubt we will see any rise of worth here unless Mt. Emmons situation is nullified. Boolean
now sitting at max oversold.......it bounced off a bit today but this is a solid value play and bouncing along the bottom range of max oversold.......that won't last. Boolean
more max over-sold each day.......this is going to turn and gain back some of this loss quickly. Boolean
I meant Eddie not Frank.........too type happy. But folks have to call the company to voice their discontent. I am sorry - Bush is gone so attacking countries on your own with no game plan ain't in the cards right now (again even FOX destroyed Cheney as he tried to remake history) so management has to reinvent themselves and not wait wait for duh guberments free ride. case closed. Boolean
China adding 81 billion to the banking industry.......big stimulus hitting to counter the slowdown just reported......this is what I said and infrastructure here and everywhere will be huge so 2015 is going to go ballistic with.....AMERICANS LEADING THE WAY. The purging that took place in the greatest economic collapse ever is going to allow for the greatest and longest recovery and bull market in history and commodities are going to fly next year. As always I lay it out while you lay down and yes I may be right or I may be wrong but you know where I stand and you can trust that I am investing in it. Why do you think insiders are buying right now in such large numbers????? Boolean.
self serving folk - remember who you are here to serve - SHAREHOLDERS. You should be buying shares by now and that is clear. Insiders are buying at one of the fastest paces in a long time and that is at the so-called top of the bull market -- it ain't no top as America is leading the world into the next boom phase and this market has a lot more to go but alas.........our insiders who choose to sell their shares and to reap the reward of options for doing...well........NOTHING and NEVER BUY ON THE OPEN MARKET. They allow the stock to sag and then they have the audacity to praise their ways in the annual report and tell everyone else to BUY SHARES so why for..........so they can sell some options at higher prices I do believe. We shareholders are being served grits on a platter from the top of a coffee can and it can not stand. We need a strong investor group to come forth and rip these fools off their perch and replace them with a shareholder centric team. Some of you like to be spit on but I don't -- some people are immoveable, some are moveable and some MOVE..........I move and you should to so we can remove this board and management. Boolean
This has a whole lot of holes in it so my guess is this +12 goes negative real fast.......plus the Mt. Emmons hangover ain't........over so the risk/reward ratio continues to be deviated toward risk........in my most humble opinion. We shall see but the unknown here is the kicker --- why is he "retiring" and having him stay on to consult can mean many things -- some good some bad some in between. So right now you know just enough to make you realize that there is a lot of uncertainty. I will watch how this plays out but if some good news is ready to pop it will make this a non-story but if it doesn't pop then I say it will.......DROP. Boolean
I would come on here and praise myself and slap my back and tell uncle that he is the PERFECT CONTRARIAN asset........but I won't as I know better. The stock will be volatile and more volatile than the market due to its float and the many changes (mostly all positive) that are occurring with them not to mention what I always mention the huge shareholder positive with the combination of Ray and Frank two wholly shareholder centric guys. But hey -- we will rise and fall and all that and we have no control over it - tomorrow may be down or UP - heck that is all up to Mr. Market not you or I or the guy sitting in row 4. BUT -- the USA is LEADING THE WORLD out of the economic disaster AND the others will follow U.S. out. My big picture says 2015 is going to be stellar fellar and will rock your socks as a new wave of freedom and innovation and exuberance and drive will make AMERICA SHINE like it hasn't in a long time. It will not be due to the political juveniles who stand in our halls of freedom and act like children but the people who make up America - the true leaders of this great nation that will - GIT ER DUN. Boolean
back when the stock dropped to 12 on the same type of sell off and I WENT IN BUYING and stated it then as the stock hit max oversold --- you laughed then as well and.....what happened? The stock shot up. You did it again in the early 20s and then it shot up again........perhaps some greater being is trying to tell you something or maybe it is just Mr. Market once again having the last laugh. We shall see. Boolean
right uncle -- you can see uncle just grinning and slapping his knee as this stock drops -- Mable Mable I told you I was right and I would nail that darn Booly boom boomer..........got him in them thar crosshars and won my case mama...............wow.........pretty funny.
NOW BACK TO BASICS.........I see the price has now hit max oversold -- clearly hit it today on my key indictor. So does it hold or are all the troops heading to the front. We shall see. I will hang in there as this stock will be sold out at much higher prices in my most humble opinion and again - no fear here. So Mable you and your hot catch bobby sit back and watch the action........should prove interesting. And tell bobby he shouldn't get all pompous in short-term gyrations that is the key mistake people make. But type away bobby enjoy the time you have with this - you deserve it I guess. Boolean
why do you say I am wrong mountain - come down from the mountain and see if you see it the same way ok. insiders are buying in big time again for the next big run and yet our insiders remain in hiding waiting for more freebie options and selling their shares........tell me I am wrong with what is happening here and around the market. Boolean
well you know from my buy point I am up huge and hey it is a penny play so volatility will be huge and I told you all the risk involved BUT the story is not told yet my little man - they are just rolling out their new games and device and the trial at Buffalo Wild Wings went very well and now with the football season here we will really see how it goes.........so don't be so childish ok.....grow up and do some due diligence so you know what you are talking about and what you know and don't know. OK...Good. Boolean
So news out shows insiders are scooping up a lot of shares for the year end rally I have told u is coming - yes we will hit 2100 on the S&P by years end BUT OUR INSIDERS ARE NO WHERE TO BE FOUND.....once again showing their lack of confidence on their ability to drive this company forward without DUH GUBERMENT'S FREE BUSINESS -- hey let's have more wars so we don't have to think how to build this company. WE NEED A REBELLION and a big group to come in here and sweep away the board and management. HAVE YOU CALLED THE COMPANY YET or do you just there? You all know I am right again. Boolean
program and enter useg it always comes up..........NEGATIVE. Now those systems are not fool proof and really are only for fun but it sure makes one wonder if you all know something the rest of the investment community is just no privy too - like the building reserves/output. So that is why this Q is so important to me.....I still say getting rid of Mt Emmons or forming a solid relationship with someone who wants to take a big portion of the risk to develop it makes the most sense right now.........will be interesting to see what Mr. Market does tomorrow - everyone will be looking for a drop on the China news and weaker commodities. Does it happen and carry over thru the week???? It is all unknown and is what makes playing against that financial whiz kid Mr. Market is such a rush. Good luck kids we have another week ahead of us. Boolean
micro-analysis is ok to a point but it is also can be vastly misleading and you can lose the edge by not buying or selling at the best time. But we must all do what we do and know what we know and know what we don't know..........you know. Mr. Market always has the edge.....and that you all should know. As noted - I bought this stock down near the bottom right before this rise - I am macro not micro in my analysis as real knows........the dollar is pushing oil and commodities DOWN right now but 2015 will bring a new story at the very latest. Finally, I say that for Lucas - this deal is only part of the deal........look out the big window beyond all the smoke.........what do you see. Just like low float earthstone - down now with the market swing in oil but not to worry.......... Boolean
Investors can reach their fullest potential only by thinking for themselves. "If you stay rationale yourself - the stupidity of the world helps you."..............knowing what you know and what you don't know - "that's even better than having a lot of extra IQ points." ole Charlie T........what a guy and beacon of insight. Boolean