Lee gets paid a year end bonus on clicks not telling truths. You need sensational headlines and slander to get eyeballs which means a year end bonus for this num nut
I don't even click his articles because I don't want him to be paid and neither should you. You are simply falling into his trap and he loves it
So sorry to #$%$ your pants shorts
Would love put options as well. The good news is that it keeps going artificially higher because of this so the trip down will be sharper yet
One time costs now baked in. Servicing numbers are solid and future biz will be the issue on the call.
I believe the time to buy is before the call. After 11 this puppy will be walked up hard
They admittedly pay their reporter bonuses on number of clicks on stories. Therefore, the authors are encouraged to write sensationalist headlines and borderline truths to attract readers.
I have seen this over and over only for the stories dissolve into nothing. Try writing the authors of these articles. I have and it is comical how they respond knowing they have struck a chord while shaming the news business. I have no problem to continue to add to my position at these levels and lower in a structured way for long term gains
Sentiment: Strong Buy
They have great hedges for 2015 as well as nice cash and manageable debt w/ no short term redemption.
The interested buyer/merger opp is with the neighboring driller in Wattenberg - BCEI
Sentiment: Strong Buy
Sales were a beat as was GP. As Patrick said, if you want to stop spending on the projects that will make O great they could beat and buy stock. That is not his gig. Go buy a bloated pig like ETSY
I ask myself that as well however, I do recognize that management will have nothing else to say until the new phase 2 test results are realeased.
Only then can AZ make decisions as will the market.
I continue to cost average down each dollar now as I see the low volume sell off as more opportunistic I see no real catalyst in the next 30-60 days either.
Spoke with co exec. last week and they remain very optimistic regardless
Greedy #$%$ should be buying not selling at these levels
Cant tell if they were free shares but I would guess so
Basis was 54 cents. I guess he has some bills to pay. Poor visibility by management not to have a share buyback authorization in place.
Like I said before, happy to sell secondary at 23 but wouldn't nibble in single digits as I requested.