Low debt, small float, good revenue growth and good cash horde. What's not to like. We will be rewarded. Not sure what the triger was today but could be just one MM as trading volumes relatively small for this one so easier to manipulate. Generally the harder they push down the harder it sprongs back. GLTA.
Fortunately I only bought 1,000 at $12.39 bringing average down by .50c so not all bad...may pick up some more but may wait to see where it ends....good for the long run.
Somebody is trying really hard to push this down hoping to pikc up cheap stock on the way down. This will snap back just as quickly as it went down. Patience...and balls.
$14 pps a we have a buyout. Pocket change for XOM and buys them an network of commercial NG filling stations and expands their retail network. Also gives them access to proven technology on the cheap. This should be an easy sell for Boone and Littlefair.
Any word on whether Jazztel management will recommend the sale to to Jazztel shareholders?
Completely agree and picked up some more at doscounted price of 12.56 this morning. Building nice holding which is a little underwater but won't take much good news to change this significantly. All will be fine sooner than you think.
Just bought another 5,000 shares at 4.96. It can go lower but risk of it going higher are greater. Now 40,000 in holding and waiting for MM to take it up again. Yahoo!
Agree and just going to have to be patient as more utilities and trucking operations adopt natural gas. Next year hopefully will be exporting LNG which should be nice drain on supply. Demand will start exceeding demand but will not be as quick as we all hoped. Waited this long, what's another year?
Cooperman must have demanded changes and letting weather and power outage compromise production was 1 straw too many. Hopefully his replacement will do a lot better
CSCO has $51 Billion in cash and a lot is overseas. How much do you think it would cost them to buy out ALU? Only problem might be the French government but they did relinquish in the case of Alstrom so maybe not an issue.
Agreed on SD. I have risen that from 12 to 4 to 7 then back down to 5 amassing 35,000 shares along the way but haven't given up all hope yet. My comment was not really about the management of the Company because they haven't really been tested as yet and are very quiet and not sure what they are doing. This wild catting is speculative business and am aware of the risk. That said, one does need to look of the results of their peers in similar areas and learn from that. There is no disputing that decline rates are high and that gushers have been elusive given the nature of the land. We will be lucky if we find some good wells and our futures will look bright financially but extremely speculative business and Miss doesn't make it easy.
That's really not that far off. When you look at the run up in LNG, if this follows the same trajectory then the run should be just about the start.