AT&T, Inc. Message Board
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When this thing hits 35-36, they better announce a massive buyback. The Retail will have been spun off by then to all longtermers, and what else are they going to do with all that cash.
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Like I said about a month ago, I don't see this Ward Bunch going down easy. If a Yankee thinks he can walk into Oklahoma and just take over, he'd better get a good lawyer. This thing could be drawn out until 2015. Ward can do alot of damage every day he is allowed in the building, and I don't see him leaving willingly. I am adding, but with House money from my Petrohawk booty.
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Women love Hard rock cafe. Even an old guy like me stumbles out of there in good shape, especially in New Orleans.
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Got my 4.94 filled. Like a trip to the dentist
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The DOR is their best asset. I have been wrong with every move I have made on SD. I bought SD originally because of their Permian holdings. They have transferred it to their Banker friends in Tulsa on the cheap while still fighting TPG. I added down low back when it was announced that the Miss was a "can't miss' (Per TW).They then sold off $2B in fast depleting trusts, and I averaged down. They then bought the DOR, which I thought stunk at the time , and I also voted Green with TPG. I am continuing to average down now, at 5 bucks. If history repeats itself, I was wrong to abandon Ward for Singh, Leon, etc. And the DOR will probably be their only good asset in 6 months.
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I have an order in at 4.94. Hope I don't get it.
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No. Not a good thing going here. I am optimistic that one of the groups that got 51% of us to vote for them will bring out some good news over the next two or three months.
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What we need is one of the big three (Leon TPG MtK) to buy 3-4 mm shares.That would spike us up to 6 and derail the brave shorts. Maybe Goldman is sitting there selling a few 100k shares a day so a to not rattle the stock down to 4 before they have them all gone.
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Gimme 8 was my calling card for a while, but now 7 allows me to make a buck+.
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Are sitting in a Hotel in Vegas trying to figure out how they can jointly swindle the remaining 5 bucks/share from the common shareholder. I believe that Grubb was the only honest man in the room, and that is why he is gone with the $9 mil plus tickets. TPG is not the commoners friend here, and neither is Ward. I fear I am a bagholder for a bankruptcy sale of SD's assets. Before I bid on a foreclosed home, I take a look around the premises, which is what TPG is doing
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8 bucks tops. Gimme 8 bucks and i will buy HK
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Over last two years, EnCana took nearly $7 billion write down or reserves
by jpegwmv •Mar 22, 2013 3:53 PMI think so alba. UPL was forced to restate, and according to their CEO and analysts, the reserve (book) value for accounting purposes would be stuck at the lower valuation, even if NG popped to 10 bucks. Weird.
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That is why I have added, nearly doubling down here. Missed the 16 buck giveaway
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AAPL will capitulate when the market cpaitulates in about a month
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According to Yahoo, they each have 51MM shares of this dog. They took it in lieu of USD for DOR. Can you imagine the bath they will take if SD falls down to the 2-3 buck range? They probably have a clause somewhere in there that states their max loss is limited. I see them as having a good Court case to clawback or regain ownwership of the DOR if this thing tanks to 2 buck chuck status.
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If this dog runs down to 2-3 bucks, many folks like Goldman are going to have some "splainin to do". I am not sure they can avoid selling a low digit stock. maybe TW can get the whole thing back for less than 2 bucks a share. He has friends at BOK, one being the founder. It would behoove him to have SD run to 1, and get the assets in a firesale.
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Like i been sayin. Gimme 8 bucks. This sucker is goin down, unless the Mississippian has a sweeter spot in its future
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They will continue to average down, like we ought to be doing.
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Two more cold weeks and we'll be at the 5 yr. Rig count is lower than I thought it would reach, but nobody in their right mind would intentionally drill a Dry gas well right now. What we need is collusion amongst the big boys like CHK and XOM to choke back a few 64ths at the wellhead.That would bring us to 6 bucks by 2014.
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Right now, I think they are making plans to depart for some island in the Pacific, under assumed names. They probably are looking at a Miss Reserve Analysis which has been boilerhoused badly, and their only longterm asset is the DOR. I am still buying, but fear some bad news is coming from the "New Kids on the Block". We need another White Knight".