Why can't I get an analyst job so I can recommend everyone to buy high and sell low.
As a contrarian I have started a position at 10.10.
We will see who is the genius?
Not mentioned on call. Both segments will well exceed guidance as mgt continues to underpromise and overdeliver . Q4 will only begin to ramp 100G product
Read the transcript. The S-3 is not for any issuance in the near future but to be available as is common practice.
Anyone selling on that alone is foolish. Perhaps oil at 46 is more of an expalnation
While OCN continues to need the outsourcing to ASPS while they slash overhead they will of course say everything is on the table but consider ASPS delivered stellar earnings while servicing 9 pervent less OCN loans nonetheless.
Clearly they have a model that is working and Mr. Market give opportunities from time to time to steal shares like today.
You don't think they could offer a premium and integrate operations while cutting all dead wood and sell the surplus real estate and come out WAYYYYY ahead. Count on it at some point
Hey Dipstick! They are 80% hedged at 80 bucks in 2016. Go back to reading tea leaves and don't focus on facts like most daytrade heros
This company will need new institutional holder and a strong oil backround to break out of this 8-10 channel. The fundimentals are good in the near and ntermediate term despite the misstep pf management thinking thy have the same opportunity to dilute as some other shale plays without a plan to reduce debt or use existing liquidity.
CFO has no clue on a cohesive game plan but the hedges are excellent and BBG remains vulnerbale to a take out at these levels given the assets overall
Stock drops a dollar from HOD. with light volume. Shows how easy the market can be manipulated on these light trading days.
The company continues to be hedged for the entire year at 90bbl so all this jockeying is just buying time until we have a supply disruption. Then all bets are off to the upside
Sold some July 15 calls earlier this week waiting for a pop
BBG may be out on rod shows now trying to get the institutionals now but if I'm a banker I smell red meat for a buyout at a discount to assets
We were higher when oil was in the 40's and all shale players are typically 25-50% off lows
Good old BBG hitting bottom again and all management wants to do is dilute shareholders
Why not steal some BCEI property or cancel the shelf and do a buyback for a mere 25-50 million you have lying around and see the momentum change fast
IDIOTS abound in the oil patch