The market thinks $4.50 range is enough to open the flood gates of gas. IMO, Maybe in some cheap fields such as Marcellus but may not be enough in other less productive places.
There is excess capacity in production, this is why we are avoided. However, the industry just received a 2Tcf order to fill !!!!!!
I have owned, and then followed AUO for years. That was/is and will be a dog !!!!!! Run from that stock !!! It has excuse, after excuse, qtr after qtr. It basically is a private company for management salaries.
Yep, they will rise from the ashes like GM but just like GM, the old shareholders will get nothing. It is unfair but the way bankruptcies work.
Shanghai Chaori Solar Energy Science & Technology Co. said it may not be able to make an 89.8 million yuan ($14.6 million) interest payment in full on March 7, in what would be the first default of an onshore bond.
Soon, people will notice our balance sheet as the asset it is. The analyst keep repeating, "Poor FSLR, doesn't have any silicon panels". If FSLR wanted silicon panels it could buy a company for pennies on the dollar!!! They obviously want their own, new and improved panels.
The Futures (WTI) going out to 2022 are declining to $80. IMO, this is just a ploy to convince legislatures to approve the shipment of crude oil. If prices begin to differentiate dramatically, IMO, there will be such pressure to export, much like the pressure is building for exports of Nat Gas. Why should American oil companies struggle to allow all the chemical and manufacturing industries to flourish, while they struggle. That amounts to a subsidy to the Chemical, Refinery, and Manufacturing industries.
As far as predicting energy prices today for 2020 is crazy. Has anyone predicted prices that far in advance?
I agree that saving land leases is the most important as that is what a buyer wants. The other services they may already have or source out.
You have been censored by board members. We call it " Put on ignore"
As expected, the premarket was the usual CHK manipulation. The huge Bollinger bands on a daily basis is just another example that we are in play between the big boys. Not much we can do but wait it out, or get out.
It appears some shorts are covering on some DOW stocks today. BAC and F are way up. We may not have much movement but the volume on CHK is very strong this morning.
Most likely one of those huge Bollinger band days where it starts out high , goes low, then closes 6 cents above the previous day ! Of course there is always hope that I am drastically wrong !