The 2nd nice trade out of the last 5 recent chances.
Could have made more, but hesitated twice, and didn't want to dip into reserves the other time.
Still holding many shares for long term.
And now have cash for any new dip along the way.
First steam within days.
Obviously first steam is important, as was staying close to budget, and being on time.
The major goal left, within their control, is production.
There are some risks with their wells, ie drilling too deep, and how withdrawal will impact other areas, but when we hit 12,500 a day, we will be comfortable. Very comfortable And maybe then we'll see some buyout offers come in.
Funny how 2 months ago, there wasn't a glitch to be seen.
Then, as recently as 2 days ago, it looked like we be in the doldrums for months, maybe years.
Just relax, hold some long term, trade some on dips and pops, and enjoy a stock that has lots of potential, and has some nice price movement.
pgh doesn't have the cash to buy back shares now.
They will also dip deep into their billion dollar line of credit to finish stage III.
They should get rid of the drip discount.
I'd like to see a shareholder resolution on that.
Yes big business hires them. They like low cost labor. But they don't want to give them health insurance, pensions, or any other benefits. Like sweat shops, only on u.s. soil.
Used to be, Democrats didn't like illegals, because they were a threat to the union workers. Obama abandoned unions years ago, and they re-voted for him anyway. Apparently that guy from MIT was right. So now we have democrats turning on their broad labor support, and stabbing them in the back, for votes. Hilary did this when she ran for the senate.
If memory serves, wealthy democrats like to hire undocumented workers, and not report their pay for social security. Yet many of these people were from congress, and they'd be saying how they want everyone to have these benefits.
So which side is worse ?
Which side is on the side of people who work hard, and have values, and aren't breaking the law ?
I know someone who got a work visa, was here for years, worked, and now paid 700 bucks and passed the test, and did it legally. Both sides are saying you are a sap if you follow the law.
and both sides suck.
The worst part is, most of that money goes to helping the poor, the blacks, and the un educated, and Sharpton has taken hundreds of thousands of meals out of the same hungry mouths he professes to love.
The constitution was written to protect us from people like this.
the stock will perform as their plan is executed.
we are days away from first steam.
we are 1 quarter from a cash flow increase.
we are 2 quarters from a big jump in lower cost oil with hedged guarantees.
we are also getting closer to phase II.
we are right at the doorstep.
Yes Timmy. He's had the job for about a week now, and is probably still laughing at us.
Mommy, that isn't right, is it ?
Well Timmy, now you see why they have to buy shares from time to time, to hide these eggresgious stock awards.
Right Momy, that stock should have been given to him at the cureent cost, and he gets a bonus when the stock rises.
Good Timmy, nowif we can educate other shareholdes how bad this is, maybe they'll change it.
Fat chance Mommy.
I know Timmy, I was just testing you.
in march of 2014, the div was 65 cents, for a full qtr.
in march 2013, the div was 1.25, for a full quarter.
they said get out when it tumbled a while back, and yesterday, after it pops, they said the uncertainty was behind them, and no doubt today they'll say "stay away". they remind me of cramer, when they make their comment, after a big spike or drop. they should be making calls before it happens. that's where you make the fast money.
You were wrong. When you posted this, the House already passed it. But Congress is the house and the senate. And the senate didn't pass it, so congress didn't pass it.
Whats up with needing 60 votes. weren't the democrats, under harry reid passing things with just 51 votes ?
yes, and the gulf coast refiners will need that heavy oil to process in the near future, because fracked oil is generally lighter. So its not about 12 new jobs, its about thousands of good paying jobs for 2 years, and thousands more keeping their jobs at refineries, and all the taxes that go along with that.
I am sure he will get a full pardon. Its surprising the IRS didn't just put a big fat zero for the amount due, under Lois Lerner. Al is in the front row of every major speech Obama gives.
Fr#$%$cking uses #$%$ combin#$%$tion of s#$%$nd #$%$nd toxic m#$%$teri#$%$ls. when they fr#$%$ck, th#$%$t m#$%$teri#$%$l st#$%$ys in the ground. Some people believe, th#$%$t bec#$%$use its norm#$%$lly below the #$%$qu#$%$fiers, th#$%$t it won't come in cont#$%$ct with them. These were prob#$%$bly the s#$%$me people th#$%$t though if we dumped tr#$%$sh in the oce#$%$n, we#$%$ never see it #$%$g#$%$in. And the s#$%$me people th#$%$t tell citizens of Pennsylv#$%$ni#$%$, th#$%$t the c#$%$use of their well w#$%$ter c#$%$tching fire h#$%$d nothing to do with ne#$%$rby fr#$%$cking wells.
One good thing #$%$bout PGH is, they #$%$re injecting ste#$%$m to pressuring Lindberg. As f#$%$r #$%$s I know, its just pressurized w#$%$ter, #$%$nd not #$%$ mixture of toxic chemic#$%$ls.
Another senator says "we have to get off our fossil fuel habit", yet does nothing to stop pipelines within the u.s that grow at will, and without presidential approval.
remember last year, when it was still 55 cents a share, and the stock started out at 40 ?
An energy swap ?
I can certainly understand the reason for doing something as phoney as this, with energy prices dropping, but you got to be kidding.
No doubt the swap will be considered cash flow, and management gets another bonus, and 2 months from now, we'll have hundreds of millions of more shares issued to pay for the bonus, as profits are never enough to pay for them.
If someone is being treated at a hospital, for a car crash, or gunshot wound, the hospital is not allowed to give out names.
If a doctor is treating someone for heart disease, he is not allowed to divulge the patients name or condition.
I don't get that the press is given ebola sufferers names , and allowed to publish them.
Maybe next year, they'll be allowed to publish all the names of people being treated for Socially Transmitted Diseases, or aids.
no, I didn't think you.
instead, they tell blacks that they are special.
that they don't need to follow the white mans laws.
that its ok to steal, and attack storekeepers, and its ok to fight the police, or run from them, like little girls.
But no one is telling them to lay down. to be a man. to show respect.
and those people should be in jail, for inciting riots.