He has followed this company for quite some time. Curious if he is still holding or if the lack of M&A made him bail. It has been a frustrating ride. I just bought some more Friday to lower my PPS on valuation alone. This is getting quite ridiculous.
This market is luring me into want to rebuy but something doesn't smell right. It is evident that this doesn't trade with the overall market which also makes it an opportunity.
Anybody besides koomar buying down here?
I have followed your posts and tend to trade in a similar fashion although not picking the tops and bottoms as accurately. Your record is impressive and agree with your logic.
when you say the next pass through will be substantially higher, are you saying that it will eclipse the $5 range and will overshoot to $7-$8? What are your thoughts and are we in the first progression to that number?
Also, what is your take on the 1.5 day rally in energy? Dead cat bounce or something more meaningful? You playing anything specific? I am long WPX, CWEI, MHR, LPI, EPE and a few others....
TIA for your input
also loving crnt / extr at current levels. MIght buy some avnw
sold a bunch of mrvc, rdcm and nugt at a profit to make these spec plays possible.
market is broken but time to buy value plays for the long term, knowing they will go lower near term and buying in chunks
I'm playing XCRA too as well as DTLK and SGI Got in too early on these but small positions and building
I can tell your frustrated and rightfully so.....those are questions that need to be answered. I look at SGI, at the current price, as a risk worth taking as if even moderate steps are taken the value can finally come out. Why are these guys such douches? Do they know how to play the wall street game? if not, get the hell out and let someone take over that can
I did the research - oil stocks will bottom and rebound before the actually commodity. If you load now the rewards will come. Agree though this ETF blows goats at the moment
your right - bought this POS at 1.28 and its not tracking. ERX is up and this muddles....don't get it at all.
true - but that is the stock market....Market (and I) was expecting a beat and raise and when it didn't, the air comes out. Good time to buy but you probably have to wait a bit
I was very wrong here short term