that's good as it reduces the glut. Maybe some of the hoarding farmers are unloading. Now they'll need some lousy February weather
apparently an analyst has reduced his earnings estimates for the current quarter and for the next year too.
The note reads as follows
one analyst has dropped his estimates for the current quarter, current year, and next year. The result has dropped our Zacks Consensus from 69 cents to 52 cents for the current quarter, and dropped the current year from $4.26 to $3.50. Next year’s numbers were affected as well, dropping from $3.42 down to $2.99.
So they'll be making over $3 this year and about $3 next year and their pps is a little over $14 a share ?
That's $6 in 2 years and you'd pay $14 and in 10 years at that rate you'll make $30 in earnings.
Seems pretty good to me.
ergo strong buy !!
Sentiment: Strong Buy
how can you tell what cash value is if these stupo's don't even know how to reserve for losses. The reserves need to be accurate before you can determine either cash value or book value.
Also you'll need to enter a debit for stupid management. Why for example is it taking them so long to tweak the reserves of something they have been selling for years. That should have been done by now so the market is very suspicious. I am too, a shareholder who would normally add but is reluctant while they play with the numbers
we're most down for 2nd day in a row in the refiners
No. Ticker Company Sector Industry Country Market Cap P/E Price Change Volume
1 CVRR CVR Refining, LP -7.18% 1,841,933
2 NTI Northern Tier Energy LP -7.13% 1,179,015
3 IOC InterOil Corporation -7.08% 1,648,225
4 ALDW Alon USA Partners, LP -6.15% 413,279
5 MPC Marathon Petroleum -3.99% 7,131,638
6 AE Adams Resources & c. -3.89% 14,809
7 PARR Par Petroleum -3.53% 49,302
8 HFC HollyFrontier -3.41% 5,973,514
9 PSX Phillips 66 -3.38% 11,601,662
10 VLO Valero Energy Corporation -2.37% 13,557,943
11 DK Delek US Holdings, Inc. -2.19% 1,152,554
Some entity woke up and figured they had too much CVRR
did see this so maybe buying
John R. Walter, SVP of CVR Refining, LP, appears to have filed an empty initial statement of beneficial ownership. This form is usually filed as a prelude to a company officer either receiving options or buying company shares, so there may be more to come from Walter.
read that insiders have been buying saw this on 1-10-2015
Other companies that also saw insider buying this week include Sears Holdings Corp. (NASDAQ: SHLD), ModusLink Global Solutions Inc. (NASDAQ: MLNK), A.M. Castle & Co. (NYSE: CAS), OCI Partners L.P. (NYSE: OCIP) and Cardinal Financial Corp. (NASDAQ: CNFL).
there was a bit out today about ARCP being a ripe takeover candidate
"The biggest catalyst for revived activity is today's new breed of activist investor" - Mike Kirby, chairman of Green Street Advisors.
With the latest Corvex news, I am more confident that ARCP is "ripe for a takeover", and that could include a private or public investor - or both.
If Realty Income were to acquire a large majority of ARCP's assets, I believe it would present the opportunity for continued accelerated FFO growth.
that SA piece carried a date of 1-8-2015 and seems to have a time stamp of 12:00AM Eastern
I did 1k near the close so the other 59k was someone else...at least now up about 10% on my last few buys. Will hold for more as I need it
Jan 2, 2014 34.25 now, Jan 2 2015 after their best year ever 36.51
6% worse than the market averages for dow, s&p and Nazz
better off buying them...management should be more concerned with the stock price
Thanks, I have been adding about 200 shares every 5% drop so I now have a few thousand but was thinking of one big buy right at the close tomorrow, looks now like buyers out numbering sellers...at least for now
is anyone thinking of doing a larger than normal buy right before the close 12-31-2014 ?
On the theory that we will finally have the TLSellers out of the way ???
I am, but wanted to know if anyone has ever done this on a different stock in the past and then found out it was not tax loss selling but just a continuation of bad technical s etc.
not working today as it makes the laggards list
Laggards in Price Performance (Intraday)
Phoenix Canada Oil Co.Ltd. [pco.v] -13.33%
STE FR EM CHEMICAL [mlexx.pa] -9.96%
ZaZa Energy Corporation [zaza] -4.56%
Ring Energy, Inc. Common Stock [rei] -3.81%
HARDY OIL AND GAS [hdy.l] -3.59%
FX Energy, Inc. [fxen] -3.35%
Vanguard Natural Resources LLC [vnr] -2.87%
BRIGHTOIL [0933.hk] -2.44%
Seadrill Partners LLC Common Un [sdlp] -2.36%
Hugoton Royalty Trust Common St [hgt] -2.04%
I'm a seller here as the adds on TV make me feel that the people they hire to oversee them are stupid and stupidity can be like a virus spreading all the way up to the powers. That, and I saw a tee shirt plastered in their print add that said "Ain't got time for that"....close to . Would have been better to have the shirt print read "I am stupid and want everyone to know". Or... "come to find out I am stupid" just sayin, know wat Im sayin"
have a good one. There is hope for oil as just saw Gartman predicting $30 sometime soon.
I'm still holding oil stuff too even SD and for old times sake USEG although sold off 80% when it was pushing $5 in May, been buying small
Oh and they have concerned ownership that is buying the stock
Rochford and two other board members, Stanley McCabe and David Fowler, bought a total of more than 30,000 Ring shares over the past month,