If the price of oil spikes then so be it.
The object of the game is to get in before the new upcoming production comes on line.If you want to wait until 2015 when the new production is operational to get back in you'll be getting back in with the stock in the teens.
Dryhole expenses come with the territoryIf every well was a gusher then everybody would be in the business.The point was the cash spent for the dryhole was previously spent,came off the net cash on hand when it was spent and does not effect the net cash flow generated from operations the qtr it is expensed.
This message bd is for what anyone wants to say.Until yahoo says only stock stuff can be posted I will continue to post whatever I please.Now on to the ignore heap for wasting my valuable time.
Where did I say I was talking specifically about brcd?Now on to the ignore garbage heap for an illiterate ignoramus and wasting my valuable time.
Corporate insiders are more bearish than they have been in almost 25 years. That isn’t good news for the stock market, since these insiders — corporate officers and directors— know more about their companies’ prospects than the rest of us.
In fact, you may want to take their pessimism as a signal to ditch some of your stocks or shift into industries in which insiders aren’t heavily selling, such as energy, financials and basic industrials.
Have no fear though.Irrational greed stricken dumb retail investors will be buying their over priced shares.
Thats the safest way to go.Less profitable than finding their own oil but still profitable and will increase production levels.
Wow thats some crystal ball you have there being able to see such exact price movements into the future.You must be able to make a fortune at the race track being able to see the outcome before it happens.
The only thing obama is good at is making loud empty threats and ultimatums that he has never backed up with actions.
the USA will come to the Ukraine's aid militarily.But of course he has no cojones and the Russians will succeed in annexing Crimea.
The people that do this for a living the analysts say 87 cents.Could owning the shares be the self serving reason for your over active imagination?
When the inevitable major correction comes (maybe even next week) don't pay a dime over $13.30.
based on the much lowered eps expectations.
When that happens "BOOM GOES THE DYNAMITE"!
The stock attaining and holding its trailing 10 multiple of $7.40 looks like a lock.Attaining and holding its current 10 multiple of $9.10 looks very feasible now..