VAALCO ENERGY (EGY) SHAREHOLDER ALERT - Andrews & Springer LLC is Investigating VAALCO Energy, Inc. for Potential Securities Violations and Breach of Fiduciary Duty
8:03 am ET November 27, 2015 (BusinessWire)
Lots of shares at issue tomorrow at $60 via the expiring calls. (1,373 contracts) . We'll see whether the $60 challenge of five days ago will be repeated tomorrow and those who wrote at $60 will have to scramble.
I was hoping we'd get an update by Nov. 1 on the progress with the re-work program. Is this field viable, or not?
Well, you didn't buy PQ for the weather forecast or the storage report. I'm on the sidelines watching. Good luck with your entry at six bits.
Any uptick in oil and this goes up too. The difficulty is mustering the courage to buy stock when oil is weak, but it will be far north of $8 at $50 oil in my opinion.
When the price gaps up on earnings next week, your conclusion will be apparent to others, albeit too late.
I wonder what other talents outside the oil and gas industry Todd holds. That's the weird aspect of this announcement to me. Is he saying "lower for longer and grab a lifeboat?"
One TA breakout service I subscribe to alerted Thursday to AMBA and repeated it today for tomorrow's trading. I think we can expect to get some more out of this move off the bottom.
In fairness, each of those guys did not sell all of the granted shares, just around 75%, and some of the proceeds had to be paid by each as income taxes.
"Why ISIS Has All the Money It Needs"
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And now the EIA changes its reporting methodology and concludes we have 7 B's more in storage than previously thought. Gas stockpiles are likely to enter the winter holding more than 4 trillion cubic feet for the first time. This is a looming debacle.
We need a technical breakout after this long punishment.
People observing the wash sale rule are selling now and intending come back in 31 days from now as tax selling draws to a close. I think you can expect weakness through Thanksgiving anyway.