DH, What I see on the macro of all this is the increasing involvement our government has in the workings of the stock market. That, and the big brokerage houses. 40 years ago you wouldn't see anywhere's near the volitility you do now. And it has to be because of changing conditions. Or better yet, maybe the 'unchanging' conditions.
Gad, this is just what it does. Drops on report, then a few days or a week or two later it'll rocket up. I estimate 125 by end of May.
Don't hold any of this but as far as I can tell it won't stay down much longer. It just can't. Depressed for way too long now on price. 6 months from now it should be in the 150+ range.
Been watching this closely and even with the recent drops I held off buying. But today I see it clearing up. UNP can easily be at 115 within a month. Downside? Very little from 105.
Stock got hammered today for no apparent reason after a fair report. Should be just the kind of stock Huff likes to make some dough. Also, BBG ran up pretty good today. Anyone holding calls on it made a bundle.
My guess, some large stock holder wanted to sell shares today. It is afterall, out of the norm for this to drop even 2 or 3 points. Could have been some money parked here waiting on oil to rise again. Thing is, whether it was one or a combination of others today that sent it down, 5 points is just wrong on a stock like this. I scooped up some at 63.48. Now I gotta hope the what results is going into my money bag and not the dog's bag.
Yes, thanks for your figures. Pretty much what I'm figuring is 70cts on the low and as much as a 1.05 on the high. If we get the 70cts the stock should move up to the 23 range before next earnings. I wouldn't hold it past 24 though.
That could be said of hundreds of stocks. Thing is, oil related stocks are firming and in most cases rising the last few weeks. HCLP follows them, so.............
Company isn't going anywhere. I mean, fracking isn't going anywhere. Just a matter of who will be doing the fracking once all the dust settles. Ya know, it wasn't the gold miners in 1849 that made the big bucks. It was the store selling them all the supplies to dig the fields.
They should have gone for a 7 year deal at a bit higher rate and just scrap the ships thereafter. Would have made more money.