they said in 2 years there will be an oil shortage. so just hold and wait for that.
he doesn't know jack shiiit. just like barrons and forbes and all the press saying all drillers to cut dividend. RIG said it was safe a few months ago. let's see earnings in a month
read the article about venezula. They are BK and need oil to rise in cost. They are going to push OPEC to cut production. Once they do that (hard to do), oil rocks past 60 and SDRL will be over 15 for sure. RIG over 20, DO over 40. and so on
I have all my money in oil. the stocks are all down 60-75% from where I bought them. I'm crushed. I need oil to hit 100 to get back to even. Guess I have to hold a year or more for that
there isn't anyone interested. they better come out with good news on that new molecule or this junk is hitting 4's and lower. What's taking them so freaking long to do a trial?? they have way too many employees and aren't producing yet. They can do the same with 100-150 employees. They better get with the program or we'll never ever see above 10.
tell us about linn energy and the divvy cut. Tell us how all oil stocks dropping and how it's down 58% this year. Tell us to panic and sell to the hedge funds. tell us how you're paid under the table for slanted reporting. yeah, tell us girl.
that young girl said oil down and talked about all the oil stocks that dropped. goes to show how slanted these people are and how they are bought by the hedge funds. She talks about Linn Energy and the cut in divvy but DOESNT SAY how the price went up on LINE in the article. They hire these young kids out of HS and give them a computer to put #$%$ on the net.
Not true. With increased production, I heard gas companies will pay the consumer to take extra gas from the pumps. After you pay for a tank, you open your trunk and pump the same amount out of the gas pump. That 2nd amount will be paid to you and you get a trunk of gas and 40 bucks in cash. When the car runs out of gas, you just get a hose and suck the gas into the tank from the trunk. More on this in the coming weeks.
my friends brother works in gas and oil and he said gas will drop to about 0.25 bucks a gallon by summer. He said oil was now being pumped to the surface by vibrational drilling. What you have to do is get 100 sluts and drill them in one spot. the ground shakes and the oil comes to the surface. Sort of like worms when you put soap on the ground. So yes, gas is getting cheaper if we find 100 sluts to drill.
didn't rig just come out with news that it's dividend is safe???? I thought I read that a few weeks ago.
hey longs, since I just bought more, I thought it would be good to do some more DD (better late than never). Anyway, I knew they had about 187MM (185MM was in my mind) of outstanding shares. I just looked on yhoo and they show 166MM float. I thought they had a float at almost the 187MM (about 185MM or so). If I am right, that means they bought some shares. I know I called some stupid for thinking that ARIA would use money to buy shares and I still believe that to be the case. So then the 166MM figure must have been there and I didn't realize it or yhoo is off as usual. Also, they show 273MM in cash. I thought they'd be higher than that with what they had plus the deal they did for their debt (didn't they get money there somehow) and I guess the 77.5MM hasn't shown up yet or hasn't been recorded on the books. Sometimes they record these gains over several quarters.
So does anyone remember the float shares in the past??? how about total cash on hand now? thanks
as of two hours of trading, 1.4MM shares exchanged hands. guess we have to wait for Monday and then news on that new molecule before we get action again. I bought more today. hope I didn't screw up.