I actually look as Caliber sale as a negative.. Never bring its true worth in the current market environment and lessens the overall long term intrinsic value of TPLM. I guess the flip side is they may not find a buyer. They learned that lesson when they put Rockpile up before the downturn only to find no buyers.
Love the timing, one day before earnings are announced. It's purely a play to get press for a Senator that obviously is on a which hunt. Love those Democrats !
This executive will survive this because they have done nothing wrong. If they had any inkling of wrong doing they would have a reserve set up and called out in their Q
One's never a fool taking a profit but with 21m shares short the upside could be awfully big.
I'm not a trader on this one - those short term capital gains can eat you- it's an easy 40 plus unless something happens negatively re litigation. TRN must feel awfully confident since they have not put any reserves in place on the balance sheet.
That comment makes absolutely no sense. Much to the contrary- a huge short position plays well into hands of the longs If-- In fact, they report solid earnings and if oil stays strong- all big ifs, but the shorts have to cover when news turn brighter.When the shorts cover they have to buy the shares back.
I would venture to say this run-up here over the last week has been a lot of short covering.
I've said all along if the Saudi's want to continue the ability to dictate price they would be in the U.S. - what better start than WLL
Duh 1 That's a no brainer! It is a 55-60 dollar buyout depending the cash/ possible stock transaction.
Saudi's in the Dakota's lol.. But if they truly want to control the price of oil- why not the biggest shale producer?
Not sure 50.00 bucks would get this bought. I'd say closer to 60.00 based on the valuations prior to the oil slide. The companies vying for this will be all about the long term.
Just short of 2 years - total of a 64% return plus pocket change w/ quarterly dividends. Today I sold and am headed to pick up my new A7 with some of my proceeds.
Best of luck to all you longs- Always go opposite of what the Idiot says- and you will reap the rewards ! lol..
Check the post way back when, just went on and on what a fool I was. Today I laugh all the way to the bank !