Sun, Feb 1, 2015, 3:15 AM EST - U.S. Markets closed

Recent

% | $
Quotes you view appear here for quick access.

Weatherford International plc Message Board

dldcocoa 12 posts  |  Last Activity: Jan 15, 2015 2:55 PM Member since: May 20, 2010
  • Reply to

    EHTH grossly oversold

    by classic_contrarian Jan 15, 2015 2:45 PM
    dldcocoa dldcocoa Jan 15, 2015 2:55 PM Flag

    Seems way overdone to me also. More timing issues than anything it looks like. Millions of Medicare revenues pushed into next quarter and the AC open enrollment goes into Feb 15th where they expect a lot of additional signups that missed the Dec 31 period. Medicare will be a big driver going forward - 10K boomers per day turning 65 for the next decade. +50% haircut for timing issues is serious overkill since the miss should be made up in Q1.

    Sentiment: Buy

  • Reply to

    No news is good news or the calm before the storm?

    by hkurton Jan 13, 2015 1:09 PM
    dldcocoa dldcocoa Jan 14, 2015 6:15 PM Flag

    I would say no news is good news. Q3 call was all positive, calling for better margins, return to profitability in Q4, and resuming 25% growth model. Last year about this time they preannounced Q4 shortfall which began the long downdraft. If they do in fact report a Q4 profit with strong guidance and backlog it would doubtless precipitate a big gain in the stock. It's at the all time low but the prospects seem as bright as ever. Hopefully they paid a reasonable price for Detectent and did not squander a huge part of the cash pile on it. Risk reward seems pretty strong here - I think it is also a prime buyout candidate at these levels. The story remains favorable in my opinion - nothing this entire year has indicated to me there is any fundamental weakness in the outlook, just the lumpiness inherent in dealing with large bureaucracies like utilities and regulators. Global market is huge and SSNI is top tier. Analyst outlook is strong with consensus price target mid $11's.

    This is also one of the most heavily manipulated stocks I have ever seen in 30 years of investing - the MM's really jerk this around. They took it from mid-$8's to low $7's in a couple of trading days on low volume and pull every rally right back down again. Strong Q4 report will have this back over $10 since the MM crooks will not be letting shares go cheaply. They know how to play the game.

    Sentiment: Strong Buy

  • Reply to

    Insider Buying

    by everettk Dec 7, 2014 6:05 PM
    dldcocoa dldcocoa Dec 7, 2014 9:47 PM Flag

    Combine the buying with the fact that no insider has EVER sold a single share and you have an extremely strong vote of confidence. Check it out - it is impossible to find any insider sales. You think some of these guys with millions worth of stock would not have sold some if they thought there was trouble ahead? Let alone be buying even more? I have never seen another company where the insiders continue to buy and have never ever sold a single share of stock. Huge amount of skin in the game and they not only keep holding but keep buying on top of the substantial shares they already own. I'm sure holding onto my shares.

    Sentiment: Strong Buy

  • Reply to

    Solidarity

    by budmasterbud Dec 6, 2014 12:12 PM
    dldcocoa dldcocoa Dec 6, 2014 12:29 PM Flag

    Agree. All excellent points. I'm long and strong, have been for 3 years. During those 3 years the stock has bounced up and down many times depending on the manic market mood flavor of the month. 36 fat monthly dividends in the meanwhile and many more coming. One has to see this as a long term hold or just trade it for a few cents.

    Another huge signal for me is the massive insider buying. There have been many opinions that it is merely a smokescreen but the amounts are just too huge for that to be possible. Barry holds about $50 Million in the stock personally yet continues to buy more million dollar blocks almost every month it seems.

    Here's an eye-opener: not a single insider has EVER sold any PSEC stock. Nobody, not a single share. Check out all the insider trading activity and all you can see are buys - NO sales at all, ever. Unless they are just all collectively insane that is the most ringing endorsement I have ever seen from insiders. Usually you check the insider activity and the reverse is true - the sales outnumber the buys. Enormous skin in the game here.

    Sentiment: Strong Buy

  • Reply to

    Doomsters know squat

    by dldcocoa Dec 4, 2014 2:06 PM
    dldcocoa dldcocoa Dec 4, 2014 4:05 PM Flag

    I'll not disagree that NYCB is a good operation and as you say has never lowered it's dividend. However the yield is less than half of PSEC's and the price volatility is not much better. They have almost no insider buying. The fundamental point is that I just don't believe the "market" gives anywhere full value to the undeniably stellar performance that PSEC has demonstrated over the years. I think this is just a shakeout by the MM's so they can load up for the party coming with the spinoff announcement. We'll see.

    Sentiment: Strong Buy

  • Reply to

    Doomsters know squat

    by dldcocoa Dec 4, 2014 2:06 PM
    dldcocoa dldcocoa Dec 4, 2014 3:37 PM Flag

    You lose. It's 52 week price range is low of $13.75 and high of $17.39. That's a differential of 20.9%. Oh, the horror. What a #$%$ stock - sell it immediately!

  • Reply to

    Doomsters know squat

    by dldcocoa Dec 4, 2014 2:06 PM
    dldcocoa dldcocoa Dec 4, 2014 3:23 PM Flag

    I am looking at the 5 year chart. At what point have the doom and gloomers been "correct"? When it was at $12? When it went down to $8? When it rebounded back to $12? When it went to $11 then to $10.50 then back over $11? What is your point? In those 5 years the stock has paid out over $5 in dividends so there is no possibility anyone holding for those 5 years can possibly be in the red, in fact even if they sold today they would have a cumulative return much better than holding US Treasuries for the same period. Buying at $12 5 years ago and selling at $9 today is a $3 loss but with your $5 of dividends you have a net gain of $2 or an annual return of about 3.3%. Do you ever do any real analysis or do you just spew out whatever garbage is in your brain ? No reply needed because the answer is clear.

    Sentiment: Strong Buy

  • Reply to

    Doomsters know squat

    by dldcocoa Dec 4, 2014 2:06 PM
    dldcocoa dldcocoa Dec 4, 2014 2:25 PM Flag

    Why is it discouraging? Did you buy PSEC with the intention of holding it for an extended period and collecting the dividend or are you trading it? The "market" is a bunch of morons mostly following trends, charts, watching Cramer and the rest of the talking heads, trying every day to show how smart they are. I've been investing for 30 years and I have seen raids and downdrafts like this countless times in countless stocks. I have sold out of nervousness, sucked in by the supposedly knowledgeable "market" only to watch the stock I just sold rebound the other direction. I've held PSEC for 3 years now. The dividends have helped fund my retirement and in those 3 years the price has gone from $12, down to $8, back to $12, and everywhere in between.

    Meanwhile the dividends have hit every single month without fail. Sure the price sucks today but give me a good reason the stock won't be back to $11 or better in 6 months. Just the way it works. Same way with the oil market - 2 years ago $140 now $60. It all goes up and down but there are very few vehicles out there that compensate you so well for holding as does PSEC. If you have a long term holding period everything in between is irrelevant noise. You think Warren Buffett frets about the day-to-day price movement of his holdings?

    Sentiment: Strong Buy

  • Doom and gloomers know squat. The company has without fail paid the full dividend every single pay date, without exception, ever since going public over 10 years ago. This includes a couple of the 2 worst years in financial history - 2008 and 2009. While the rest of the financial world was falling apart all Prospect did was hit their numbers and pay the dividend. Today they continue to hit the numbers and pay the dividend. Non-accrual loans are miniscule at a tiny fraction of a single percent - far better than most any financial institution you can name. They announce dividends months ahead of time yet as management has said "get no credit" for it. Management has bought enormous numbers of shares and continue to do so. Yes their fees are high but they have never, ever failed to deliver the dividend. Why now with the economy growing again and everything going quite well with all their businesses would they suddenly go into dividend reduction mode? It's just crazy.

    Please, someone, anyone, tell me any other financial institution that can match this 10 year performance? 10 years of delivering, without fail, a hefty dividend every single payout period. No dividend reductions, no massive defaults and write-downs during the crisis? The same level of massive insider buying? The same nearly non-existent level of non-performing assets?

    I'd rather own PSEC than any bank in the world. Sure the stock price moves up and down but you are getting a superb dividend yield. Along with the challenge of performance name a single stock that does not show at least a 20% stock price movement over any 52 week period. You can't do it.

    I'll hang onto my PSEC and watch the dividends roll in, watch the spinoff plan unfold, watch the share price rebound as it always does, and shake my head as I always do at the complete idiocy of the US stock market.

    Sentiment: Strong Buy

  • Reply to

    Insider Buy, John Barry 115,000 on 12/1

    by budmasterbud Dec 3, 2014 8:42 AM
    dldcocoa dldcocoa Dec 3, 2014 1:09 PM Flag

    Yep. Form 4 filed on 12/3. He now holds 4.7 MILLION shares himself. Doesn't he realize what a foolish investment this is and that he is jumping onto a sinking ship? (joking of course). No matter what the morons say about the insider buying being a smokescreen and means nothing, NOBODY is going to have $50 million of their own capital tied up in a single company AND continue to buy unless they are dead certain about the value and future prospects.

    Look at a 5-year chart of this stock and it has without fail swung up and down by a factor of 20% each and every year. That swing has absolutely nothing to do with the fundamentals of the company or business - just market moves like any other stock based on extraneous factors like the debt ceiling "crisis", the fiscal cliff "crisis", the end of QE "crisis", blah blah blah. Rinse, repeat, up and down. No brainer to buy and hold at this level. Even if they do cut the dividend it will not be anything substantial and the resulting yield on this price level will still be one of the best monthly yields in the universe.

    Sentiment: Strong Buy

  • Reply to

    We've been here before

    by eagles123 Dec 1, 2014 4:14 PM
    dldcocoa dldcocoa Dec 2, 2014 4:44 PM Flag

    Agree. I've had this stock for 3 years now in my IRA. The stock moves down, the stock moves up. Gee whiz, every stock in the universe moves up and down - to the tune of 50% a year between it's 52-week high and low. Meanwhile I have received 36 juicy monthly dividends and could sell the stock at a loss today and still have a stellar overall return. I haven't been anything but happy since I bought PSEC and can't see any reason whatsoever to make me think about selling. The market makers will try to steal your shares of PSEC just like they will any other stock out there so of course there will be bear raids and manipulation and all the other lousy tricks they use. Just see it for what it is and keep collecting your monthly dividend. Huge discount to NAV and potentially a massive move up depending on how the spinoffs are completed. Why would anyone sell here?

    Sentiment: Strong Buy

  • Reply to

    Scott Lang

    by realtimetech13000 Nov 5, 2014 4:48 PM
    dldcocoa dldcocoa Nov 24, 2014 5:43 PM Flag

    This is one of the most heavily-manipulated stocks I have ever seen. The MM's play with it like a yo yo. There is no logic for such a downdraft. The stock is at it's all-time low just when things are looking the most favorable. That to me reeks of MM's fishing for stop-losses at the cheapest level they can possibly steal the shares. Remember Nasdaq is a market maker system and you buy and sell your shares through the market makers, NOT from some guy in New Jersey who wants to sell you his 100 shares. The MM's need to have inventory so they try to accumulate that inventory as cheaply as possible - which means scaring people into selling just like they have the past couple of days. There are 49 million shares out and they can drive the price down 10% in 5 trading days on barely a million shares volume? Nice racket if you can get into it. Hold tight - this stock is worth a LOT more than it is trading for today. This happens over and over and over again with countless stocks. Look at ANY stock in the universe and you will see a 50% differential between the 52-week low and high. How can this be logical? The fundamental business, revenues, outlook, asset base etc. does not change by 50%. It is just the endless ups and downs of "sentiment", market makers doing their stinky deeds, options strategies, endless noise. I like the odds of all-time lows, stellar business outlook, over $100 million in cash with zero debt. I'm loading up at these levels and think the stock will be well into the teens by summertime. Hang on and hang in - don't let these MM crooks shake you out of your shares.

    Sentiment: Strong Buy

WFT
10.33+0.19(+1.87%)Jan 30 4:03 PMEST

Trending Tickers

i
Trending Tickers features significant U.S. stocks showing the most dramatic increase in user interest in Yahoo Finance in the previous hour over historic norms. The list is limited to those equities which trade at least 100,000 shares on an average day and have a market cap of more than $300 million.