119. Tmus has run on vapors for a long time but the lack of profit and incredible competition among better capitalized players ....plus a mature market, does not bode well . Just my humble opinion.
The oil glut will get worse. Most of the world's oil is supplied by 3rd world countries whose economies are awful. They must pump at break neck capacity just to survive. I was in London 3 weeks ago and read in the FT the Saudis were in town trying to float a 28 billion dollar loan just to make budget. All of this will push oil lower and introduce deflation into world wide countries. Just my humble opinion.
More countries and their denizens are thinking about saving and surviving. Take a look at other discretionary items......say COH for example. Ain' t got to have it .......... so they pass. AAPL has seen its best days. Just my opinion.
How it could be down on a 200 down day for the dow is incomprehensible. It defies math. I am worried about behind- the- scenes manipulation and outright fraud. We should have been up at least a full point or more.
do your own dd .
I'm already in and hoping for improvement . But I've decided to retain the position as risk /reward seems to favor reward at these levels. What say ye?
Look for natural gas stocks to diminish . Should help the Range.JMHO
IR posted an email day before yesterday outlining how most of their production is already committed to buyers at prices much higher than the current market prices. This is why they continue to produce at high levels because they have very profitable contracts to honor. One can go to the RRC website and look under IR and read the entire communication.
Much of the value lies in their massive proven reserves (under long term lease) and the thought that these are way underestimated .If petrol writ large, improves this is a 100 dollar stock. Plus ,the best management in the business never hurts. Also rumors have surfaced from time to time about a take over because of the incredible asset base . Just my thoughts.
All machines are inefficient and run down. So it is with the body. CVS provides the products to delay the inevitable and more and more machines need this delay. We go up from here.