Volume surging and exceeding daily average in first half hour...Second, the stock is moving HIGHER..I like those two when they go together..Maybe a short covering, or MAYBE someone who knows CC is looking better than some might expect ...Time shall tell..
our President and is LEADERSHIP (lack of!) is having a great deal to do with our difficulties in near every part of the world..That makes for a very unstable world and lots of bad things that are not helping today in our markets or the world itself..He is beyond a disaster, but that's enough on that subject..I know he makes our Bonkie proud , so hip hip hoorah on his front and his view..As empty of reality as it may be..
the peace and calm Obama has brought to the world and to our country with latest being EBOLA, is a devils playground for fear mongering manipulators...Thank Barack for what we're experiencing now is my view..A true great leader who cares so much for the LEGAL citizenry. At least those registered as Democrats..Maybe only Republicans will care for the Ebola patients being imported.?. I'll be celebrating in the streets when he is dethroned..Much like Iraq's people when Saddam fell !!!
with 79 mil listed as cash on hand, carry money due on wells(24 mil) from Paciific Rubialus, and a fire sale of turbines still new they paid 51 million for,(say 25 mil),,,add those three up and they can pay off ALL THEIR DEBT at the current DISCOUNT level it is trading at..In doing, theoretically they would be getting all the other assets for FREE...FREE and CLEAR....That was a Raymond James summary I read Friday..It's raining gold folks..This is wholesale tax loss selling on steroids..It's a sector thing as you see carnage elsewhere..There will be no BK for BPZ !!!!!!!!!!!!!!!!! watch and learn if you don't recognize a GIFT when it presents itself..
Just read..Worth noting that beyond the 79 million on hand at end of Q, they also have a carry cost due them of 24 million..So actually when combined, they are really somewhere in the 103 MILLION as to liquidity...That number also would not include some turbines they had purchased for 51 million recently..A fire sale of those would likely fetch another 25 MILLION if that were needed..They were once used as collateral for a different loan, so can't rule that out of the mix..I think there is ample liquidity and assets to work out a solution to BPZ's situation and the entire energy sector being decimated of late..I don't think any BK is possible for a good long time if EVER..Note that RJ lowered their target and gave ZERO value to many other assets..With being conservative, they put a $1 target as a START to this way oversold company !!!
no doubt they were Onenotfooled...Very much looking forward to the Senate turning hands and with any luck beginning IMPEACHMENT(if my prayers are answered) against that p.o.s dividing and destroying our country..By design..A Benedict Arnold times 1,000, but some are just too stupid and have their head in the sand..Jerry Springer type TV viewers and the brains that go with that type..
til our good friends the shorts balls are so squeezed, singing soprano will be their only tone remaining in whatever vocal chords they have remaining !!!!!!!!!!!!!!!!!!!!! Could not happen to a better bunch of dirtballs..
apparently you have selective memory as to the vote from Congress you fail to recall...Easy and likely that Saddam removed those Weapons to Syria in the lead up to the invasion..Even Hillary and Bill felt there were weapons(there were !)..You just want to blame Bush years and years after he's been gone and even with treasonous Obama who has fooled the whole country still doing further damage each day he remains..Talk about a dude living in the past. TOTAL DENIAL...Pathetic ! Now we have Obama bringing us EBOLA !!!!!!!!!!!!!!!!!..Are we supposed to blame Bush for bringing them in on our planes during Obama's tenure ??? Thank you Berry for giving the USA another plague and perhaps killing who knows how many...Maybe a few ignorant posters included ??
still waiting for an INTELLECTUALLY HONEST answer Oshkosh ....What are the answers to the questions ? I know the answers..Do you care what the facts are? Big one being, does BPZ have the resources available to it to pay the March debt coming due? Not only do they have 58 million, but they have more..That gives them leverage in some degree They can't just be shaken down..If push comes to shove, they can pay the debt..I suspect a portion may be paid and a portion may be refinanced(maybe all?), albeit at a somewhat higher rate..Time shall tell, but there is zero reason that BPZ can not pay monies due this March..Worst case, is they lower there capex budget and give a higher percentage ownership of wells being drilled to Pacific Rubialus...Just as other energy companies are doing throughout the sector...Don't think for a second that Pacific Rubialus might not want 100% ownership of all wells and acreage opportunites by buying out BPZ for a song and a dance..$1.50-2.00 share bid would be a huge gift and big winner for them...That's pretty much chump change in the energy world, If you have any intellect and facts saying otherwise, feel free to share ...The board and myself would like to know about your DD ..
The word I just got was that LINE is 70% weighted gas, so likely there is NEITHER..This is computer driven mayhem selling..Beyond GREAT buying opportunity !
YESTERDAY Line was almost 9/share...Today approaching 13...OAS hit 10,64 days ago..Near 14 today..CELP was mid 11's the other day..Today near 16...Point being is the entire sector is so way OVERSOLD and much of IOC's last week was them just catching up in the down draft...I suspect some big of taking a chunk of tax losses as well..That too will be out of the equation shortly//
let us all know what analysis you have to make such claims when it comes to BPZ.. Do they have cash in the bank that EXCEEDS 58 million due in March ? Do they have 24 MILLION carry coming from Pac Rub? Do they have other assets they could sell or not producing large chunks(such as the turbines?)? Let us know should you have an ounce of intellectual honesty..You strike me as a dude who adds 6" to his Johnson ruler to make up for issues and other insecurities..If you have a different opinion, then back it up with FACTS.....It's called doing one's due diligence...You just hope and spew garbage without any intellectual honesty to back it up..
the man is beyond awful..By design he is doing great harm..He needs to destroy us so he can remake us as HE views..With terrorsit mentors such as Bill Ayers and Saul Alinski, we might as well have some ISIS member leading us..The Muslim Brotherhood has visited the White House dozens of times and FIVE major terrorists were let free to kill again for Mr. Bergdahl...Obama is a snake oil con artist and with sympathies for those who would do us serious harm and then some..
When the end of Obama's reign of terror is over, I'll celebrate in the street like the people of Iraq did when Saddam was toppled.. Of course he may attempt to make himself KING for life within the remaining two years of his tenure..
Too much CO 2 coming from those two cows in the pasture ! LOL,,,LOL and I'm not a lover of those global warming sheep !!