a simple 'I don't know' or non response would do the trick. your long winded diatribe wasn't what I was looking for
Can someone decipher this? It looks like he disposed of options on the 27th but just wanted to confirm? I thought selling just ahead of earnings is blacked out? Also, I put more merit in this action as I respect Ray Wallin and his moves.
Its available on top of google finance - NPTN
Load it up JDA....you know what I am saying as you know this business and the crooks. I agree that capacity is the biggest risk but sounds like they have been preparing for a while.
and I encourage you to read the Q&A re: margins because Ray is conservative, and the fact that when asked about the margin rebound, he said Q2 is fully realizing the downside and we are up above Q1 from there. He is also talking about significant cost cutting moves in addition to price recovery. I am sure they are #$%$ that they are having to commit the contract on ASP but they will be in line to get that back and more.
Watch the option awards....this is key
If you are worried about near term down side don't invest here. But if you want a company in the sweet spot growing revenues 20+ % and an opportunity to buy a company where growth investors will soo flock after realizing there doesn't exist a similar story, this is where you want to be.
The margin confusion and the headline miss on EPS is the opportunity you should welcome if you are a current investor like me or a new one.
we all know that this stock is manipulated but if you do, might as well make money off of it. I think the key here is the earnings miss and margins. There is an excerpt from Ray Wallin during the Q&A that speaks to this in detail and I suggest you read it and hope you guys are buying into this flash crash
I just picked up a bunch at 11.38. This is completely manipulated and I the margin story was initially hidden because options get repriced.
maybe there is a question if the deal is going through. The CC indicated something to that effect and there was some uncertainty from Jimbo
Noted. Don't feel bad as you turned a profit. If it makes you feel better I did the same with Bcei. Bought @ 1.45 and sold before Doha meeting @ 2.24, fully expecting to buy and then some Monday morning. By the time I got settled, the flash drop had passed and it had pretty much fully recovered. Now looking at it at 2.90. It's ok because those open funds have brought me to DNR which I think is a much better bet long term. Hope we retrace to $3 for more but won't worry too much about it. Gluck
shoulda couda woulda.... rearview is 20/20 and like you, human nature wishes the same so your right and no denying it.
The flip side is those funds were invested in other oil related stocks that have done well so the opportunity cost of missing out was minimal.
congrats on your investment
For the most informative information. You guys know your stuff and other boards could take a lesson on knowledge sharing based on how you guys go about it. I wont be nearly as active but just know outside research and other's intel has led me here, so if nothing else, that is confirmation of your bullish predictions.
I initiated a position today, selling out of other oil investments that are just overly followed and don't have the beta and upside as this would / could. It makes sense to rotate as these stocks don't go up in unison etc.
My strategy is always 25/30/45 meaning I commit 25% initially based on my hope to buy on dips in an upward trend (not the other way around).
Good luck to everyone as I hope you all make a ton of cash and especially those hoping for big aspirations, you know who you are.
awesome post and cant argue with anything you said. I was recently in the villages of India for work and noticed traffic jams with roads filled with cars at 2AM. The middle class is growing and so are the number of cars to support a transient younger population.
I don't quite get the science behind the CO2 and related competition comment but will take your word for it.
What about Oil not getting to the 65-75 range? What happens to the stock at lower, depressed levels over a period of time? IF they were to fall in financial hardship, what is the period when that would occur if prices stayed low? Reason I ask is that it just takes change in sentiment for a stock to double without any fundamental change, so the stock can go up if nothing gets better but the sentiment turns not so negative....