Hope they give those not trading daily another shot at cheap shares. Love Co's announcing on Monday. They will slam the numbers on Monday. They are creating revs and earnings on 3 fronts.
First of all Iran is not selling anymore oil today than they were before the sanctions were lifted. 1M barrels a day vs 2.5 when they were in good graces. Do a little reading and you will not need a PR dept to feed you information for your daily trading. If you are in for the long haul the numbers will speak for themselves.
The numbers will speak volumes for the qtr.
These guys are hedged into 2015. Just another retail investor reading headlines not understanding the fundamentals.
LOL... Now crawl back in your rented hole. I will let you know when to come out.
I'll be glad to tell you when I sell
Its been a great year If you haven't made some serious money in this fed induced environment you have your head in the clouds. I am a bit cautious at this juncture but still looking for bargains. That's why I bought CY yesterday. The way I looked at my CY investment is with Divi I am in at 8.78.
They will be bumping up against low rev numbers through out 14. Operationally was a cluster F in 13. So we'll see what happens. I expect to make 30% on CY this year.
My 2 big hits this year has been STEI and TPLM. I am still holding TPLM and its been my biggest holding for the last 6 months.
You have a poor memory- most likely alcohol induced- never have loss money buying and selling CY. Left some money on the table once but never lost money. Unlike you I have posted my trade. So we will see over the next several months. Now crawl back in your hole and I will let you know when to come out.
Let's not forget Joseph Feiten the Chief Accounting officer. Prior to Triangle he was CFO for American Oil and Gas (2006-10 who was acquired by Hess and prior to that was CFO for Tipperary Corp.( 2002-05) who was acquired by Santos.
See a trend here?
He also co- authored 2 books Petroleum Accounting Principles. Procedures and Issues, the worlds leading reference book on US financial accounting rules for the exploration, development, and production of oil and natural gas.
The background of the CEO is this. Mr Samuels prior to joining Triange was an investment professional at Palo Alto Investors LLC. At the CA Hedge Fund he was in charge of reserach and investment sourcing in the energy sector. He holds his MBA from Wharton.
The CEO Mr Bliffen before joining Triangle worked as Vice President of energy derivatives at Goldman Sachs, he traded customer flows and managed risk positions at one of the largest crude volatility books in the world. Prior to Goldman Sachs he served as a Naval Officer and Navy SEAL
Love the backgrounds
Its a nice move as we approach earnings in couple weeks. Its nice there is solid volume attached to it and as I said last week the move into the low 9s was the last great buying oppty before earnings.
Its obvious they will up guidance this qtr which was an easy take away from last qtrs call.
There could be something else going on here. If it moves a point or so on big volume I would say strap it on something sweet is in the works.
So time will tell- huge increase in production, Rockpile and now NG adding to the bottom line should be quite a qtr.