SDRL will be at $20 by mid May!
Crashing now on higher volume looks like we are headed to $50 longer term line and may overshoot to low $40's with shorts coming in! It stinks but that is what is happening.
you just keep losing money...LOL You short and it goes up and when you have hope it tanks. Keep shorting for our sake....
You keep telling everyone that but the stock keeps going up. You were telling everyone to sell at $10 and it wasn't going anywhere. So we don't really care about your predictions...they su8&^km,
I understand what you mean with the broken double bottom. If you do a long term trend line from Mar-2012 to current you will see that worse case if the stock breaks down further it would actually hit $50. BUT and that is a big but things have changed going forward which benefit VLO. Lower crude and higher demand will create bigger margins and higher profits for VLO. I think VLO cannot be compared to earlier charts when OIL was in a $80-$110 range. Therefore with that said my opinion is MM's are playing a game right now rotating out of refiners which had a nice run and waiting for a true bottom to get back in. With all this said I think VLO will bottom around $55 and begin its long term trend, I currently own VLO but am looking at the longer term view and adding to my positions on big dips. Stocks are volatile but good companies will eventually resume their upward trend just need to be patient. The chart may be broken but the company is NOT. It would be worse if the chart AND company were broken.
Its called sector rotation and has nothing to do with VLO. The drop is due to selling and buying OIL services companies as OIL breaks out. In the longer term VLO will outpace everyone else as profits go higher and dividend continues to be increased. Adding to my positions on every dip. GLTA
These are 52 week lows with a slight miss in profits. The road ahead is huge and if this continues to slide watch out for a buyout !
Goskii has lost thousands and can't get out of his way. In addition, he bashes LINN daily in hopes of feeling "better" from all his losses. What he does not understand is that OIL is currently rallying and may so way into the summer months as demand perks up. Meanwhile he sold all his shares at $9 and can't stand it anymore.
In addition to that, LINN Energy also provided an update on its oil and gas hedges. The company entered into additional swap agreements at $58 per barrel of oil to lock in up to 80% of the company's oil production for 2015 at an average price of $91 per barrel. This will help insulate the company's cash flow if oil prices experience another big drop in 2015.
Im trying to answer you but you continue to open new posts? Yes, it may hit the 52 week low but I am a buyer at these levels. HSY takes falls from minor misses and that is a sign to buy in. Long term this is a $110 stock as dividend continues to grow and we are just seeing the start of weakening dollar and emerging countries strength.
A slight miss on earnings primarily due to stronger US dollar. Looking out to next quarter is projected to be much stronger. Read S&P IQ...price Target $110. I am a buyer at these levels as it is oversold on the earnings news.
Price to Book is now 1.4x and Price to sales is an impressive 0.25 ! This stock is going to $70 but no one has figured it out yet.