Thanks. 65% in a little over a day. It happened much faster than I thought it would. Now I have to decide whether to ring the register on some or not. I'd like to hold off until after New Years because with my trades from earlier this year, I'm well into the top tax bracket and I wouldn't want to give 50% to Barry and his buddies. Granted it might happen again next year, but you never know. I'd rather pay the gains taxes next year as compared to this year...
Good luck. Merry Christmas
Not a bad idea, but it limits my upside.
Also, its very likely that i will not hold these contracts all the way through expiration. When KOG gets way too oversold, just like it currently is, I've done quite well by purchasing call options from ~3 months out, wait for the rebound and then sell them back. When KOG hits $12 in Jan/Feb (after release of new proven reserves numbers), these contracts will be going for $1.50-$2. I'll unload them for 150-200% at that time and move on to something else.
Sentiment: Strong Buy
In for 1000 contracts...I'll be back after the new year to see how that is working out.
Until then...Marry Christmas to everyone...even you Bud / Demont.
Sentiment: Strong Buy
You're down 1% and its time to dump the garbage??
You should have just bought some in the money call options for Dec or Jan. There's no time premium left in either, so you could have gotten the same "number" of shares for a much cheaper price.
I picked up 500 Dec $10 @ $.70/$.75 a little while ago. A bit of a guess to see if this is the bottom or not, but i've made plenty this year and will be paying a heft tax bill come January. If I lose on this one, it will just cut into those gains, which will be taxed at 43% in a couple weeks anyway.
I've picked up some ENSV which has recently increased their number of frac heating trucks that service the Bakken and Niobrara areas. Should be in high demand right now...
I have a spreadsheet that I've been extracting the monthly data into if you want a copy. You can use this for month to month comparisons on individual wells. This gives you pretty good data on decline curves, etc. but you can't really use it to predict sales numbers. Is your email the same as your profile handle?
What do you want to have explained? This is the gross monthly production for the KOG operated wells. You can't use it directly for sales numbers as you have to subtract WI / NRI, plus you don't know KOG's interest in non-operated wells.
You can track the production by well, from month to month. You can also see how much of the produced gas they are actually capturing and selling from their operated wells. Oct numbers will be released on Dec 15.
Remind me again how i was stupid for buying at $11.26 this morning?
At what point today did you realize that you were wrong and your arrogance cause you to lose all you made today?
Just sold at $11.71. That's $0.45/share or 4% return.
And how can someone follow you? You post your trades after the fact and claim to always make money, yet you always disappear when its obvious that you're getting your $%& handed to you. I made 600% on my options trades that I picked up in July / Aug and sold in Oct. Remember those?? You were claiming that oil was going $50 and KOG would be in the 6's...how did those predictions turn out for you? And where were you while that was happening??? You disappeared and changed your name in hide the shame that you brought to yourself.
As for how much i make and how much I'm worth, you have no idea. I make enough to know that I don't enjoy paying the 43.4% to Barry and is buddies for every short term capital gain. You may have more money than me, and i certainly hope that you do as you're like 104 years old. As for actually out performing me, possible but doubtful...I just looked and according to my Etrade account, I'm up 2228% in the last 3 years, 1091% in the past 2 year, and 116% in the past year. Apparently I do know what I'm doing.
And no i don't trade oil. I invest in companies with the above referenced winning combination. Do that and you can't go wrong.
I see you can't answer 2 simple questions. Typical Democrat. Can't answer a simple question without starting to screaming about all kind of other things and loses track to the original point. Do you know who is almost always right in an argument? The person that doesn't raise his voice and start screaming and cussing and going on about all kinds of other stuff. Stick to the facts...
So, to correct your statement...
"It amuses me to see how far in denial some stupid Democrats can go. crude oil has risen from $87 to $93. That is a fact no hype, the price is in the open."
KOG was producing 18k boe/d a year ago and is producing 40k boe/d now. Their well costs are down 20%.
How do you make money in business??? Produce twice as much, at a lower cost, and sell at a higher price. Sounds like a winning combination to me. Please short some more, i'll be buying all week.
What was the price 1-yr ago?
What was the price 6-months ago?
So, considering that you were bragging about selling twice yesterday and anyone that wasn't was a fool...who is the fool now? yep, exactly. hahaha
Also, if Barry really wanted to help the GLOBAL push to reduce CO2 emissions...because CO2 is not just a national issue, it's suppose to be GLOBAL...he would approve the massive exporting of LNG to Asia. Our Nat Gas and turbines (also made domestically) would be used to replace their coal fired power plants.
Asia's coal fired power plants are far worse for the environment than anything the Keystone pipeline represents. Look it up...facts are facts.
Apparently you missed the DOE's approval from last week to increase the amount of LNG that can be exported from the Freeport facility from 1.4B Bcf/d to 1.8 Bcf/d. Its happening...
Every energy company in the US needs to push legislation for export of LNG. That will help ng prices.
Asia LNG - $17/mmbtu
US Nat gas - $3.71/mmbtu
I'm not sure of the refrigeration costs to liquefy the gas...but that's a big price differential.
What about every time over the past 6 months that you said the following:
1) "Short at $8, its going to $6".
2) "Short at $9, its going to $7".
3) "Short at $10, its going to $8".
4) "Short at $11, its going to $9"
Oh, right...you lost your #$%$ and you disappeared, deleted all previous posts, and changed your name. Now you're back pulling the same thing during a nice KOG pullback. And my prediction is in 6 months when its back up to new all time highs, you'll disappear during that run also.
Facts are that KOG is up every year over the past 5 years. Of course you can cherry pick a date from one year that is probably lower than the previous, but the fact is that KOG has been a steady growth stock and will continue to be.