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Magnum Hunter Resources Corp. Message Board

cincyyyyy 1433 posts  |  Last Activity: 3 hours ago Member since: May 9, 2012
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  • Reply to

    The big day is tomorrow

    by mercer32208 12 hours ago
    cincyyyyy cincyyyyy 3 hours ago Flag

    DALLAS, TX--(Marketwired - May 4, 2015) - Magnum Hunter Resources Corporation (NYSE: MHR) (NYSE MKT: MHR.PRC) (NYSE MKT: MHR.PRD) (NYSE MKT: MHR.PRE) (the "Company" or "Magnum Hunter") will host a conference call on Monday, May 11, 2015, at 9:00 a.m. CT, to discuss its quarter ended March 31, 2015 financial and operating results. The Company will issue a press release announcing these financial and operating results before the U.S. financial markets open on the morning of the conference call. On the conference call, the Company will discuss these financial and operating results as well as other corporate related matters. During the conference call, following the Company's presentation, the Company will allow for a brief Q & A session with equity research analysts.

  • Reply to

    Morning Gap Open @$2.27/$2.32

    by cincyyyyy May 1, 2015 2:41 PM
    cincyyyyy cincyyyyy May 1, 2015 4:29 PM Flag

    this message should be in " " sorry I stole it from Colorado post .so sue me lol

  • Reply to

    Morning Gap Open @$2.27/$2.32

    by cincyyyyy May 1, 2015 2:41 PM
    cincyyyyy cincyyyyy May 1, 2015 4:20 PM Flag

    When an investor sells an ETF, a short or long term gain or loss is recognized and taxable just as it would be with the sale of an actual stock or bond. Investors in tax-deferred accounts such as IRAs don't need to worry about these tax advantages because they won't start paying taxes on those investments until they hit retirement age.

  • Reply to

    Morning Gap Open @$2.27/$2.32

    by cincyyyyy May 1, 2015 2:41 PM
    cincyyyyy cincyyyyy May 1, 2015 3:05 PM Flag

    Nor lame CEO's or earning's snafus etc etc ."You also have high volatility" yes I can deal with that

  • Reply to

    Morning Gap Open @$2.27/$2.32

    by cincyyyyy May 1, 2015 2:41 PM
    cincyyyyy cincyyyyy May 1, 2015 2:52 PM Flag

    thanks for the heads up .My first time in a commodity stock so to speak .Never in an ETF before .

  • will the void need to fill ?Any help on the past trading of gaps ?tia

  • cincyyyyy cincyyyyy May 1, 2015 2:19 PM Flag

    After steadily declining for most of the year, natural gas prices are finally bouncing back, with the commodity-related exchange traded funds testing its short-term resistance.

    On Friday, the United States Natural Gas Fund (UNG) was up 2.3% and the iPath Dow Jones-UBS Natural Gas Total Return Sub-Index ETN (GAZ) was 3.5% higher after both exchange traded products surged over 5% Thursday. UNG is now trading back above its 50-day simple moving average and GAZ briefly traded above its short-term trend line Friday.

    Meanwhile, the VelocityShares 3x Long Natural Gas ETN (UGAZ) , which tries to reflect the three times leveraged or 300% performance of natgas futures, rose 6.6% Friday after a 16.4% gain Thursday. Additionally, the ProShares Ultra Bloomberg Natural Gas (BOIL) , which takes the two times or 200% daily performance of natural gas, rose 4.5% after a 10.3% pop Thursday.

    Jonathan Krinsky, market technician at MKM Partners, argues that the natural gas market could continue to rally on seasonal factors and a potential short-squeeze among an overly bearish investment base, projecting a potential natural gas target of $3 per million British thermal units, reports Amanda Diaz for CNBC.

    NYMEX natural gas futures were 1.2% higher Friday, trading around $2.78 per Btu.

    “While the structural chart is firmly bearish, we think a countertrend rally could be underway,” Krinsky, market technician at MKM Partners, said on CNBC.

    Specifically, Krinsky pointed to a so-called momentum divergence in the natural gas charts. The natural gas market has been trading in a downtrend, and a divergence occurs when the price makes lower lows without significant decline in its momentum indicator – looking at the relative strength in a weekly chart of UNG, the relative strength index readings have been relatively flat. When a divergence manifests, there is a high probability of a price retracement, or temporary reversal in the direction of a security’s price that is counter to its prevailin

  • Headline news section now

  • cincyyyyy by cincyyyyy Apr 30, 2015 8:29 PM Flag

    Form 8-K for NORANDA ALUMINUM HOLDING CORP

    30-Apr-2015

    Other Events, Financial Statements and Exhibits

    Item 8.01 Other Events.
    On April 30, 2015, Noranda Aluminum Holding Corporation ("Noranda" or the "Company") reported that the Missouri Public Service Commission has established a new and reduced electricity rate structure for the Company's aluminum smelter in New Madrid, Missouri.
    "Securing a reduced rate for our single largest cost is an important milestone in our on-going journey to structurally improve our cost profile," said Layle K. "Kip" Smith, Noranda's President and CEO. "At full production, the new rate is expected to reduce New Madrid's annual power cost by approximately $17 to $25 million or $0.03 to $0.04 per pound of primary aluminum sold. As part of our comprehensive productivity program, we expect these structural savings to make a meaningful contribution to our near-term performance and cash flow, and to enhance our ability to operate the business sustainably across the aluminum cycle."
    The lower rate becomes effective on or around June 1, 2015 and carries a term of at least three years.

    A copy of the press release announcing the reduced rate structure is attached hereto as Exhibit 99.1 and incorporated by reference herein in its entirety.

  • 3x avg volume stock price up%16.41 @ the close .An the overall markets down huge .Im looking for a correction to the markets of %5 - %8 ? I wouldn't rule out maybe the first %10 decline in 4 years .The PE's are border line bubble area 17-19 on the S&P alone is a joke .imo

  • Reply to

    Short Interest 14,956,300 + Millions Naked

    by goldoking7777 Apr 30, 2015 3:31 PM
    cincyyyyy cincyyyyy Apr 30, 2015 4:41 PM Flag

    92million shares traded hands this session and most was shorts covering Natgas bottomed a week ago .I don't think your wish of a" huge squeeze is coming" makes too much sense ? I will note of the 92 million some were new position on the short side that we will have to deal with .

  • Reply to

    Noranda gets rate reduction

    by wheremj Apr 29, 2015 2:03 PM
    cincyyyyy cincyyyyy Apr 29, 2015 4:25 PM Flag

    earnings need to come in better than the last one .

  • Reply to

    8K today

    by jms54 Apr 29, 2015 6:13 AM
    cincyyyyy cincyyyyy Apr 29, 2015 9:29 AM Flag

    @ Fire sale prices would be a worry for some ?

  • Reply to

    8K today

    by jms54 Apr 29, 2015 6:13 AM
    cincyyyyy cincyyyyy Apr 29, 2015 8:39 AM Flag

    As disclosed in the Prior Form 8-K, the Company continues to actively pursue the following potential liquidity enhancing transactions:

    � Entering into asset management agreements for the marketing by a third party of certain of the Company's natural gas production whereby the third party also agrees to provide credit support to certain interstate pipeline companies in replacement of the Company's firm transportation letters of credit, resulting in the cancellation of the letters of credit and a corresponding increase in borrowing capacity under the Company's first lien credit agreement;

    � Conducting sales of assets, including selling a portion of the Company's existing equity interest in Eureka Hunter Holdings, LLC;

    � Entering into a joint venture under which the Company would sell or contribute all or a portion of its Utica Shale undeveloped leasehold acreage in Ohio to fund capital expenditures and provide working capital;

    � The potential sale by the Company of certain undeveloped net leasehold acres located in Appalachia (the Company considers this acreage to be non-core to its current operations in the region and expects that, if consummated, this transaction could generate cash proceeds to the Company of approximately $40 million to $60 million); and

    � Issuing common stock through at-the-market offerings (for this purpose, the Company's previously filed shelf registration statement on Form S-3 was declared effective by the Securities and Exchange Commission on April 22, 2015 and the Company entered into an "At-the-Market" Sales Agreement with a sales agent on April 23, 2015).

  • Reply to

    8K today

    by jms54 Apr 29, 2015 6:13 AM
    cincyyyyy cincyyyyy Apr 29, 2015 8:29 AM Flag

    Form 8-K for MAGNUM HUNTER RESOURCES CORP

    29-Apr-2015

    Other Events

    Item 8.01 Other Events.
    On April 20, 2015, Magnum Hunter Resources Corporation (the "Company") filed a Current Report on Form 8-K (the "Prior Form 8-K") to report that, among other things, the Company (i) had entered into certain amendments and waivers with respect to its credit facilities and (ii) continues to actively pursue several potential liquidity enhancing transactions.

    The Company is filing this Current Report on Form 8-K to correct any misimpression that may exist in the marketplace regarding the date and timing by which the Company is required by the recent amendment and waiver to its first lien credit facility to raise a specific amount of net cash proceeds.

    For purposes of clarification, in accordance with the recent amendment and waiver to the Company's first lien credit facility, the Company is required to raise, by May 29, 2015, and not by any earlier date, $65 million of aggregate net cash proceeds from (i) the issuance by the Company of equity securities,
    (ii) permitted asset sales by the Company or any of its restricted subsidiaries or (iii) the entry into a joint venture by the Company or any of its restricted subsidiaries (including the receipt of any contemplated upfront payments therefrom).

    As disclosed in the Prior Form 8-K, the Company continues to actively pursue the following potential liquidity enhancing transactions:

    � Entering into asset management agreements for the marketing by a third party of certain of the Company's natural gas production whereby the third party also agrees to provide credit support to certain interstate pipeline companies in replacement of the Company's firm transportation letters of credit, resulting in the cancellation of the letters of credit and a corresponding increase in borrowing capacity under the Company's first lien credit agreement;

    � Conducting sales of assets, including selling a portion of the Company's existing

  • cincyyyyy by cincyyyyy Apr 28, 2015 4:46 PM Flag

    After Hours Volume:

    After Hours High:

    After Hours Low:

    999,792 $ 1.71
    (16:38:47 PM) $ 1.68
    (16:24:05 PM)

  • Reply to

    You guys are......

    by trmmara Apr 28, 2015 4:03 PM
    cincyyyyy cincyyyyy Apr 28, 2015 4:11 PM Flag

    I take it U R the board clown ? "I'm only getting started!" ignored would be the better .

  • in the news section .This Friday after the close ?

  • cincyyyyy cincyyyyy Apr 23, 2015 5:53 PM Flag

    I think you might be right ? 1-5 R/S is NOT a good thing .I am staying away from buying .

MHR
1.98-0.04(-1.98%)May 4 4:02 PMEDT