Certainly on point dnt. If there is anything predictable in the market its that DF will sift through RAS's debris and find a silver lining...even going back to when he was so enamored with Betsy Cohen as she was emptying the till. He does his homework, but never fails to predict what the market simply won't provide...the just around the corner breakout of this POS. Here is the bottom line..i got rid of most of my RAS @ the reverse split which was at 6.68. Its 8.02 today...a tat less of a gain compared to the rest of the market.
and you should get your head out of your #$%$. On your premise, the market should be in the crapper based on who is in the WH..yet gee wiz, its been doing pretty good under this administration
Hey DA..why dont you find a different forum for your political babble.
Amidst all the consternation over this last Qtr report, my interest is in where Cooperman stands on the investment. Noted he participated in the CC....and I don't note any major sell off unless he is planning to slowly unwind. Perhaps he has a better feel for the potential here than a lot of the wizards on the board here. While I'd like to see a better play by RSO for the long term, the 12% return is still good in my book..at least for this year.
and you are not...evidently you are an idiot. The RAS reverse 3:1 split 'in 2011 was @2.30/share a year later which equated to a little under 7 on the charts. I suppose you saw that coming through your genius glass too. That reverse split brought us to where we are today and with the new issuance its setting this all up for the same pattern again.
LOL ...Maybe you ought to that consider tDF...you've been a tireless cheerleader for RAS back to the days when you were enamored with Betsy Cohen and they have been a huge long term bust. A five year run on RAS shows a dismal performance and a repeat of the same game from a reverse split in 2011 to adding more shares again. Net result is that long term shareholders like yourself have gained little unless you play the ups and downs of RAS like I assume you have. You can say what you like, but a 5% drop so far says a lot more. ,
Only commnt I would add is that NG is so plentiful these days and so available, its going to be a tricky play for alot of the newer producres to ramp up their production to market. The Eagle Ford shale in south Texas recently pared back production becuase the picing was what it is and ther is certainly no shortage of NG there. Alot wil dpeend on how PWE plays their game. I've had these guys for years back to the days when they were a canroy and frankly I'm surprised that they hadn't gotten picked off by someone.
Why don't you pathetic idiots find some other blog where you can while and complain about politics and leave the posts here to TWO related info.