Guidry spoke to a conference Dec. 9 and the replay is still available on the EGY website. You can evaluate Nancy's post after you listen to it and view the slides he used.
Buy the stock for $12.60 and write the Feb. 12.50 calls for 50 cents. Collect the dividend and call premium and perhaps not lose the stock in February, but if you have it called away, you've made 5% in 53 days.
Group 42 and Radoff spent a lot of their own money to get us these reforms. I highly doubt they'll try to recoup their expenses through compensation to the Chairman. They want a higher stock price ASAP.
Happyhorn, you were positive here for a long whike and have turned negative with your posts and inferences over the last couple of months. What's your new agenda here?
The sellers have presumed April 1, 2016 could be the end date and a sale to NOG. will be necessary on lousy terms and pricing, but Merced must have use for us somehow.We'll survive somehow.
Klondex is pleased to announce that it has entered into a definitive agreement to acquire the Rice Lake Mine and mill complex located near Bissett, Manitoba.
This will double reserves and resource for Klondex without diluting existing shareholders.
Think about all the half-wits you see on the streets mumbling to themselves. Successive posts on message boards are really no different.
"Don Blyth, Paradigm Capital (12/21/15)
"Klondex Mines Ltd. has a good track record over the past two years of being able to mine narrow vein underground deposits, keeping dilution under control and delivering high-value ore to the mill. . .the company has a healthy cash balance of $60.3M, with no debt. . .Klondex is positioned to be profitable 'regardless of the gold price'. . .we are initiating coverage on it with a Buy rating"
At the Q3’s end, a total of 27 of the hedge funds tracked by Insider Monkey were long this stock, a change of 4% from Q2.
Of the funds tracked by Insider Monkey, Eric Bannasch’s Cadian Capital has the number one position in Ambarella Inc (NASDAQ:AMBA), worth close to $47.5 million, comprising 1.7% of its total 13F portfolio. Sitting at the No. 2 spot is Philippe Laffont of Coatue Management, with an $34.3 million position; 0.4% of its 13F portfolio is allocated to the company. Remaining peers that hold long positions include Peter Rathjens, Bruce Clarke and John Campbell’s Arrowstreet Capital, Ricky Sandler’s Eminence Capital and Joel Greenblatt’s Gotham Asset Management.
As one would reasonably expect, specific money managers were leading the bulls’ herd. Gotham Asset Management, managed by Joel Greenblatt, initiated the biggest position in Ambarella Inc (NASDAQ:AMBA). Gotham Asset Management had $22.3 million invested in the company at the end of the quarter. John Lykouretzos’s Hoplite Capital Management also initiated an $18.7 million position during the quarter. The following funds were also among the new AMBA investors: Jim Simons’ Renaissance Technologies, Christopher Lord’s Criterion Capital, and Israel Englander’s Millennium Management.
I believe the company is doing the right thing with this.
VAALCO Energy Calls Special Meeting To Enable Stockholders To Vote On Group 42-BLR Group Proposals
Group 42−BLR Group's Plan to Use Litigation to Force through Null and Void Consent Solicitation is Waste of Stockholders' Money
Urges VAALCO Stockholders to Resist a Change of Control Without Payment of a Control Premium
HOUSTON, Nov. 23, 2015 /PRNewswire/ -- VAALCO Energy, Inc. (NYSE: EGY) today announced that it has filed preliminary proxy materials with the Securities and Exchange Commission ("SEC") to hold a Special Meeting of VAALCO Stockholders ("Special Meeting") on January 5, 2016.
"It is also the view of Group 42 and Bradley Radoff that the public offer from VAALCO to add one director representative of our Group on the Board without any of the incumbents taking responsibility and stepping down is woefully insufficient to effect the real, meaningful transformation that is immediately needed on the Board. We have made every effort over the past four months, including several private communications, to reach a mutually-agreeable resolution but so far the Board has only continued to repeat the same deeply inadequate offer. We do not see this as a good faith attempt to resolve our differences nor do we think shareholders deserve so little input in the boardroom."
I missed the final 90 minutes of trading today when the trap door in the floor opened. Right after lunch the price and volume moved higher in tandem, then bam. Glad I missed watching it. Maybe we need to get past tax selling?
DAL is only one of three stocks in the S&P 500 to be solely Buy or Overweight rated. The other two are AGN and AMG. Tepper is following the crowd or maybe he's leading the band.