TPG is not an "insider". They can trade however they choose, given restrictions for being a large shareholder. TPG is not and would not be privy to any negotiations in or around a buyout.
Client9 will be back in here b4 long talking about all the leap calls she bought when SD was at $5.20. She never loses.
One side of every put option is someone who is willing to buy the shares (have the shares "put to them") at the strike price ($6).
Price needs to keep going up along with the volume. Time for the shorts to get a "pants-down" spanking.
The big longs (hedge funds) are happy to make money on their hedges while they wait for retail investors/traders to hook-up and "pull the wagon", pushing SD shares higher. I am focused on the volume more than I am the price right now and there is really nothing spectacular happening (or about to happen) that I can see here. It is going to take at least two more earnings reports before this stock can gain the investor confidence (that TW destroyed) needed to move materially higher levels. It is going to take improved EARNINGS metrics to make investors erase/ignore the looming 2016 capital crisis. In the mean time, you can try to trade this stock ..... if you feel lucky.
Selling puts (not buying them) is a good strategy when you know exactly what you are willing to pay for a stock.
Not sure what to think of Goldman stepping-out with a neutral rating on SD. These analysts beat anyone I have ever seen. Can't believe they get paid for doing this sort of work.
Gamble, risk, investment, #$%$-shoot, speculative etc. are all just words we use. Chronologically, we are probably about due for another recession, but recessions rarely occur in all sectors of the economy at the same time with the same amount of depth. SD is sitting on a lot of resources and no doubt that profit margins can make a big difference in how fast one can develop those resources, turning them into profits. I just don't see a recession impacting energy as much as other sectors like retail and housing.
Short sellers are always able to coral at least one analyst.
Short interest is not likely to change too much since the hedge funds will continue to hedge their large long positions.
Good luck, I really do wish you the best, but I am afraid that you are not listening. Uncle Ben has no guts! Janet Yellen has even fewer guts!
It makes no sense, the draw down on crude is 3 times what was expected, crude prices jump, SD gaps down. Make no sense to me.
One thing to factor-in as you short oil is the US dollar. The U.S. buck index has slipped recently, only up 1.6% YTD. With a slow Fed taper, the US$ could slip sending oil prices higher. Anticipation of further slippage could send oil even higher.
First of all, 2016 is not a long ways off from an investment standpoint. The oil market discounting process looks further out. Second, large reserves are falling while smaller reserves are on the increase, meaning supply via E&P activities can taper-off quickly if/when prices fall. I think you can make some buck$ shorting oil via DTO, but DTO is not a very efficient tool for a market that slowly trends downward.