I learned that when I'm ready to puke at my losses, it's about time to buy. The only problem I've felt that way for many weeks now and out of ammo unless I sell the few non-oil stocks I have... Ed
Yeah, until the election.... We are going to undo everything this jerk has done................... I wish he was not black. He's still a jerk. ed
f you want to keep your ballistic missiles you can
If you want to keep your enriched uranium you can
If you want to keep your nuclear research you can
If you want to keep your military bases secret you can
If you want to lift the arms embargo lifted - that's great!
If you want death to America why of course
If you want to wipe Israel off the map of course you can
We'll do our best to help you.
And If you want your sanctions lifted that's fine
If you want hundreds of billions we've got you covered
Death to America! Where do we sign!
Sounds familiar! We'll even set up a website for you!
If PWE can spend 600 million on capex this year, I don't think they will go out of business any time soon. I have faith in Roberts and my "buy" order is in. Ed
Pretty neat bond swap by Wright with Apollo to reduce debt, interest expense and infuse cash to LTS. Evidently, Apollo bought alot of Lightstream's debt [at a discount] and then made a deal at less than face value to exchange that debt for a lessor amount, but more interest and for an earlier maturity. The other debt holders were pushed down the ladder as the new debt is secured by LTS assets. And hopefully LTS survives................... Ed
Who would want to own a drilling company now? I bit the bullet at $1.00. I hoped business would improve with Mexico on the gulf and cost advantages for the "older" rigs but it just does not appear to be panning out. Of course, my "re-invested" proceeds have not worked out that well either but at least they are not BK. Ed
Good hedging through 2017. Cash infusion from EIG. 2.2 times dist. coverage @ $60.00 WTI. What's not to like? I added again today at the close. Ed
Forget about the warrants. Shareholders are 97% wiped out. The bondholders now own 97% of the equity. Instead of owning an apple pie, shareholders now own the smallest sliver of a slice. I took my lumps at a dollar. Disaster stock choice ED
Argent was my largest holding. I had the balls [not sure if that is the best word choice] to sell 14K at $3.00 for ONLY a 38K loss. Worst loss I ever had. AWILCO drilling was another disaster. Damed SA articles. What BS! Good to read you here. I though I had the board all to myself! Ed