I have been reading Sam Collins' daily commentary for quite some time and he has led me to some winners I would have never heard of. So, I like his stock recommendations and I am predisposed to believe he is on target with this pick. I think it of note to see where he suggests long term holders should do better than the 19 target.
The problem there is when you sell you just might get left in the dust of a sudden burst in the stock price. Then you are lucky if you get the shares back at the price you sold. And, heaven forbid, there be a buyout offer while you are out of the market. But good luck in your trades.
I watch a screen of 24 oil stocks and this one is down more, percentage wise, than any of the others. I, for one, feel phased.
If Simmons did, truly, "last week" raise their 12 month price target for TPLM from 9 to 13, I would say they are seriously behind the curve. TPLM passed the $9 range quite a few weeks back.
Perhaps Simmons and Company should pay more attention to business rather than writing plaudits of itself to look attractive to customers. If they are as great as your post seems to say, they should be darned near infallable.
Peterson is with KOG, please clarify. By the way, Peterson has unloaded over 9 million in KOG shares since December. That is enough to make me wonder a little about the future of his company in which I own shares.
I notice that 96% of the float is owned by institutions/insiders. I interpret this as very positive but if the institutes sour on the shares I would think the bottom is far below.
Not too difficult to see why investors like other stocks better. Yesterday's little run-up has quickly reversed so we wait for some future event to get some value out of these shares. Anyone know what its going to take to get COG rolling forward?
In its current price range, I think the $35 October puts look good to sell. Better than $2. premium.
I do not accept that Joe Winslow's motive and process are bad. When he buys stock he gives the seller the voluntary opportunity to cut their loss or make a profit or break even as the case may be. When he sell the stock he provides opportunity to the buyer. When he takes his profits to the golf course he may drive there, using gas and helping you in your investments. He rents a golf cart that helps the cart maker and the golf course. He pays fees to play a round and this helps the grounds crew have a job, etc, etc. And when he gets home, he may just spend his free time volunteering at (fill in the blank).
If we must all wait for you to ring a bell and tell us when its time to take a profit only the first few will get out at the top and the masses will make very small profits as the market tumbles. I think stability of the market process is more important than the highest moral ground that can possibly be attained.
There is far more immorality in this world than what Joe Winslow can do in trading shares.
How do you differentiate the morality of taking a long term,and probably large profit, from many smaller profits?
no, but close enough that I can not stick around for some ultimate payoff in t two or more decades. Will have to pick a point when its time to move on and use profits or let them sit for heirs. I believe some of the people on this board expect this stock to fully fund their retirement-and it might. It will only be a piece of mine.
Certainly you jest. But seriously, is it reasonable to think traders are still short this stock? How often is the total short position reported and where can it be found? Are all shorts subject to margin calls (which would help them if they are truly sleeping at the switch)? I do not understand the mechanics of shorting, as you can tell.
Will you explain your reasoning in planning to sell after the earnings call-apparently whether its good or bad?
I believe I read where both of these are to be sold when their individual EBITDA reaches 100 million. Seems that's the level where the CEO gets his bonus for having reached those levels.
At what point did you switch from the dire warnings only a few weeks back that KOG would collapse to $8 and then to a willingness to buy at 13.37? If you "must sell at a loss", what makes you think the run in KOG is over?