This one late as they mostly downgraded when stock was at 2
They will begin upgrading again when shares hit 9 or 10
Welcome to the game
Same loser who slapped a $1 price last month sees it go to 7 on him and has the nerve to call a sell and $4 price. When Goldman says sell I watch the pullback and then buy like today under 5
u will be in a world of pain after management defends the stock next week.
Dividend, Excellent earnings guidance, Insider purchases?????
Take your lucky profits and go while you have one
Dream on. We saw this movie before with shorts riding this down last Spring to the low teens on fear only to top 40 later in the year as the cash flow does not lie.
A non cash write off can be exploited however I suggest management start paying a 1 dollar/yr. div rather than reduce float further. Shorts will think twice before making ASPS a day trading vehicle
If they cash flow even close to this year the shorts will cover in short order
Shorts are relentless
Actually, the management team has been a complete waste trying to protect shareholder value
Like watching butter melt only its shareholder dollars.
Holding my smaller stake for now
The CEO made it certain this company is built to last with low or high oil. They will continue to grow and the dropdown will be hugely accretive and will make financials more uniform, understandable and with great upside.
The dividend will only go up and I love my cost basis in the mid 20's as that is a great return waiting for reality to sink in to buyers
Not subject to price of oil or drilling and cash flow is table and growing. Has great retail footprint and upside on properties
This should be in the mid 30's-40 range if there wasn't a disconnect in the energy space
Ah yes, the Black Swan event... A severe supply disruption in the Middle East due to conflict. I have owned some EPE just for the fact that it is a great option on a quick price turnaround. They can flourish in the 60's and hedge the future debt to boot.
Almost perverse that we are hoping for a bad event but the US has once again risen to the challenge on energy sourcing forcing OPEC to disintegrate despite King Barry who has already bankrupted coal and allowed our friends the Iranians to get back to market.
Love to know what these guys are thinking as they are way under with the IPO. Asset sales by year end depend on oil price pick up. 2016/17 hedges are only going to go so far unless our OPEC "friends" find religion.
Ironically, they would make more if they pumped less but logic doesn't apply to these sand jockeys
This is a no brainer to wade in for more at these levels. I am certain that management has noticed the shearing of market cap and is making moves so they look like geniuses next Q