haircut from the 40's; a hold position is prudent. Icahn or Pickens can afford to lose big bucks. Once RIG gets past 2015 , it will be o.k. Today's headlines state DRILLERS are starting to shut down in Texas with the current prices onland, contracts have cancellation clauses and offshore will be "hit" in 2015. it's just common sense.
the $4.70 earnings to drop by $1 - 1.50 without question, and they could be a buyout candidate.
GAZprom may be interested, wouldn't you think!
Yes the market looks 12 months ahead, but WHAT will RIG's price be in 6 months when the div.most likely will be cut. I read the latest gains with day orders going up. The headline news is 'fracking "flooding the U.S..We may see $95 oil as prices HAVE gone opposite of the headlines for NO sane reason, we have all seen this.
The U.S. is trying to bully Russia for one , and oil WILL rise again before too long. Why the U.S. gov. threatens so many I'll never know. We just have to wait for this to play out , and the output drops before earnings go up;you figure when that is. I only see the earnings forecasts ahead, and "it IS NOT priced in yet!"
the earnings forecasts for RIG forward.
I still have 10 ENTA calls for Jan.that have been down for 2 months now. Maybe I can get into the green.
RIG will turn the corner, when is the big question. As always STOCK is the way to hold, I manage options poorly,(greed). I've been with GILD for this year mainly.
Yahoo video recently with John Macke,(the bald guy)maybe 7-10 days ago. He asked the 2 guests how lo RIG can go,they said "A TEENAGER." So maybe bozo Cramer is not off-base. If YOU were in a high position in Shell, XON, or BP, would you pay huge day-rates? You know they will cut back for 2015 at least till the dust settles.The U.S. sparring with Saudi and this upsets the markets. I like RIG, and was in ATW,and DO. I nver played the gas companies. EOG never went to the moon as some writer posted;maybe I'm wrong there and I will check, I remember $108.
typing earnings going down BIG for 2015? I was considering buying MAY PUTS. I used to be a BIG RIG fan a few years ago, but then the drillers crashed, I saved some of my hide. NOW the world is awash in oil for another year. These companies that post they will pump in Baaken and Texas till hell freezes over WILL NOT when they keep losing huge money. Someone brought up CHK earlier re: this,
and YES the lower the stock goes the higher the div. I read this morning, Ukraine is paying 25% return, see the point! One could take the position "buy when others are selling!" .
and many of us have a sour feeling about all of the b.s. "how much money we are making in 2014."
CAMP aside. Icahn &Buffet make the money. Why did CAMP go down the tubes?
I had "big eyes" watching when the stock went up, and disgust when it crashed faster. I tried to buy 50 -May 25's in RIG today, but the order did not fill. This is NOT pharma, but it looks like a sure thing. John Macke with Yahoo had a story;Rig going under $20. Check out RIG earnings ahead.
The article is very good about GILD's "other lines" that get little attention such as oncology and cardio even without any Savaldi combo. The mindset on the street seems like GILD is a hep company only,and it is definitely a $150 company at the least without the Savaldi, we just have to get the street to accept this which takes time. thanks again!
sloughing off at some office. I had to get rid of the Nov & Dec calls. I can believe the mgrs. are making a living playing with this stock,and one must hold "stock longer than 2 months." ABBV is expected to be a short term distraction, as Raleigh posted. WE get anxious watching REGN and BIIB as they are not half of what GILD is;REGN today with Japan approval for macular condition. An analogy for us would be a "Cubs Fan in Chicago." I got in around $75, but live in the po' side o town, on the sidelines at the moment.
THANKS Sr..COSA, I will find the post by AKA. I HAVE HAD 2 firms manage much of my acct. in 2014, with "iron condors,(credit spread selling)." One claims +8%, the other is down -7%, and their past records state, 25%/year conservatively managed. MCTO is one ,the other Spread the Trend. If they had done their job, I would NOT have gambled with the calls within the last month. I'm pretty much back to normal emotionally; it was only numbers. At least I'm not in Buffalo!
THANKS MUCH BOB,your idea is the best course I agree. WE are all tired of the nit-picking every other week political, ins. companies, etc. And one can't pick the next stock that goes to the moon. We've all read about Arrowhead, and a few others that did not pan out.
the same goes for REGN 18 months back. I'll read some forecasts by the elders here, and others about 2015 and FORWARD est. in GILD. We'll get through this.
I should buy the stock and NOT worry as I won't take the money for 4 years in my IRA. I took too much of a haircut playing with the options.THIS is the problem with the capital society and "uncertain future", this will get the flag wavers going! WHAT is the best route,most likely to hold 4 years. REGN stock is TO THE MOON, and I always get the LAGGARD,but It should be $150 in year barring the
As I have posted, the stock is good, but I almost got completely ruined 2 weeks ago by the momo's playing games. Alpha made a story about how GILD gets NO RESPECT! REGN is not HALF the company that GILD is,( for you jrs. out there), yet look at their price. You can only hold the stock here!
Yes DEFINITELY ! I would have been bankrupt of I did not sellout , I had the Nov. 22 calls, I am out and can sleep now.
and can't keep losing "that kind of money". You know what 2-3 downside will do with those calls. Re: the bios,
GILD looks very good,and REGN has done MUCH better over the last 12 months. Call prices are" way out of line"in REGN,looking at some calls 6 months out., A ma& pa operation , and the stock is $130, "what the heck,
TOTAL b.s.!" Every time someone fa*ts. GILD goes down, p.e., scripts or whatever; maybe to get back in when tie dust settles, or short RIG with 2016 puts. That has been on CNN as
"a sure thing". I'm just disgusted with GILD.
The mm's are dumping this far too much, and with any forecasts of $140, they can milk it for 2015. I'm not going to lose more holding Dec.20 & Jan 17's. Let it go to $90!