They came out rating PWE a sell. I increased my holding by 66 per cent yesterday.I have zero respect for his opinions. All that whole bunch focuses on is banking and tech stocks.Energy is really the crucial story and issue.
Canadian oil has been trapped and bottlenecked.That will change soon. Trans-Canada will pipe east, KMI will pipe west.Keystone will travel south.The discount on Canadian oil will evaporate.
After joint venture developements and the sale of about a million acres, combined with improved midstream infrastrucure, Canadian oil rebounds in 2014.Even Mr. Whitebear goes long, and we all see a tidy profit around 150 per cent of current book value.
Mr. Whitebear, You have fed well, for some time, on this stock. It is near bottom. The food is deminishing. It is time to move on to better hunting grounds. If you do not, you run the risk of slow starvation, and the ruin of this hunting ground.If the game is not allowed to return and multiply, there is nothing for you to feed on. This stock, like land, needs to replentish. You will thrive elsewhere.Please move on......Mother Nature.
THE CRAMER EFFECT........Chances are the stock will go up.I always do just the opposite of what this guy says.
I would hate to be caught short on this stock when Buffet buys in. Even before that, there is going to be some flaming bears burning down the forrest.Look for a bounce back before Friday. The downgrade is BS.
Ill give you some more reasons.....Obama spoke in favour of exporting natural gas to Central America.There is talk of building a pipeline to Panama.Further, there is a growing concensus in Washington DC that the keystone pipeline WILL be approved(todays news).
Mr. Whitebear...You are always sweetness and light! Im beginning to tune in to your comments, as a way to brighten my day.You should consider charity work, maybe for the homeless and orphans. Your sensitivity and compassion are a gift that should be shared.
OH JEEZ, Step OUT OF THE LIGHT! Your negativity has become VISIBLE. You are a paunchy ugly toad!Dont you want to at least get laid occassionaly? You MUST change your ways! Then you wont have to eat so much crow when you go long. Reform slowly, it is hard on the system.
Do not wander on the dark side! Instead of being a nihilistic #$%$, YOU COULD BE A FORCE FOR GOOD! I know you are inspired.You could build up, instead of tearing down. The starving children of widows , invested in PWE would be thankful to the GREAT WHITE BEAR for the extra food on the table.Beams of light could shine down from heaven upon your crown! A deep voice might say,"MY SON, YOU DONE GOOD!". LOL.
Yahoo political news yesterday regarding the Central America Conference. Also a news clip regarding a Va(?) senator who is an environmental activist, predicting approval of Keystone. That was on yahoo also. I hope that helps.
As a stock holder, I want to commend CHK on thier donation to the Oklahoma City Red Cross, for tornado relief.Some things are even more important than the bottom line.If more corporations took responsiblity for the communities they live in, the nation would be a better one. My hat off to you, CHK.