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Olin Corp. Message Board

chiefrcm 10 posts  |  Last Activity: Jan 29, 2015 9:39 PM Member since: Sep 19, 1999
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  • Unfortunately, tomorrow will be another down day! I have quite a few shares and am down considerably.....anyone have any idea where the bottom is?

  • chiefrcm chiefrcm Jan 22, 2015 10:42 PM Flag

    I saw it on E*Trade after hours.

  • Hi Everyone, (or am I the only one left here?) "What Kind of Fool am I", by Sammy Davis, Jr., is playing in my head as I write this! Yikes, I gotta be a fool to be still holding this stinker with oil prices down 50% and this stock down 36%! Projected low earnings don't bode well for MCF! I have some PBR stock too. Am thinking there's not much reason to stay put here, although CITI predicts oil to go back up to $80 later this year (when ?) after a drop to $50 earlier; says Saudi Arabia will cut production. Was thinking of dumping my MCF shares, take my lumps and pick up a few hundred more PBR with some of the proceeds. I know PBR is risky as I have traded in and out of it for a nice profit earlier last year. Bought more as it tanked and now am under water again. Am thinking, again I know it's risky with all that is happening in Brazil, it's more likely that PBR could rocket upward than MCF. I'm not even sure what MCF is worth in a buyout especially in light of current conditions in the oil patch. Even if oil goes back to $80, I doubt that MCF will ever recover my 36% loss and I've been holding shares, starting with CXPO, for 2 1/2 years. Am thinking PBR could rocket upwards and recover my losses in MCF! Although, as I think about the risks there, it's certainly seems as treacherous as an episode of Ice Road Truckers! Enough of my babble, anyone care to give their opinion of MCF or PBR or me, or am I the only one left here?

  • chiefrcm by chiefrcm Dec 19, 2014 9:27 PM Flag

    Twice the normal volume today. Somebody wanted in! What's up with that?

  • Hey all you MCF holders! Is there anybody out there or am I the only dummy left? Does anybody think oil prices will rise anytime soon? I think it's inevitable that they will return to their old highs but does anyone have an idea as to when that might occur. Boone Pickens says 12 to 18 months it will be back to $100. How credible is he? I guess if anyone knows, it would be him. This thing is kicking my butt as I'm down 31% and have hung on since the CXPO merger. Maybe I should sell my shares and get into another stock that has serious upside potential. Any ideas? Good luck and Happy Holidays to all of you long-suffering longs out there.

  • chiefrcm by chiefrcm Nov 19, 2014 7:59 PM Flag

    Just stumbled upon this stock! I had seen their advertisements on Bob Vandergriff's NHRA top fuel dragster but did not know they were a publicly traded company. After reviewing the key stats, I think this is a good buy especially in light of the insider buys recently. Also, saw an article saying CJES could be a takeover target. I will take a closer look and may pick up a couple hundred shares soon.

  • to about $8 and I will jump in with both feet!

  • chiefrcm by chiefrcm Nov 13, 2014 7:33 PM Flag

    Word has it that PBR will not release results until Dec 12th. I think we will see $8 soon!


  • Reply to

    MCF should be put up for sale .

    by catch007afire Oct 31, 2014 7:06 AM
    chiefrcm chiefrcm Oct 31, 2014 1:40 PM Flag

    I agree 100%. That's the only way we're ever going to get our money back (those of us that have been patiently waiting and are under water). Perhaps we can break even if Contango is bought out.

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