You may be right Snuffy Smith but there's an old saying in the patch that has to do with timing. "Don't try to pick up the first nickle or the last nickle, 'cause you might miss all the nickles in between"
I believe that a lightbulb moment is occurring somewhere in the OPEC that the easy low cost reserves from wells in place are dwindling and need to be better monetized- when they're gone they're gone, and long term will need to be replaced by oil 5000'underwater and 150000'undersand, which ain't gonna happen anytime soon. And that they're better off selling 8milBPD@40 than 10milBPD@30. I think the Saudis are realizing that fracking is consolidating among deeper pocket players, not going away- and that trying to protect market share is costing them money. This lightbulb moment can and will also happen in Texas, North Dakota, Mexico, Iran, Africa, Russia, Norway just as easily. It wouldn't be too hard to take 3-4mil BPD off the world market until oil climbs to $65 which is the price needed to do it cleany, efficiently, and make a buck. I shorted the SCO triple bear crude, but very little available and hard to borrow, so I have been accumulating ESTE this week. I believe a junior E&P with good properties and a clean balance sheet is a great way to play the rebound....
Picked it up today. Investment fast and furious, Demand for lithium batteries expected to grow 300X next 10 yrs. Pan and Sun know this, so does TJ Fisher, and so does Anshan and the folks that run CITIC. This deal will go through and the stock will eventually go double digits. I think the fundamentals have been overlooked in the panic selling of stocks in China and the U.S. If you have dry powder, use it here- this is how you make money.
They have a hot product line, revs growing double digits YOY, and a clean balance sheet w positive EBIDTA going forward. Very favorable risk reward profile here and now. Short interest in also uncomfortable high so we could see quite the spike.
I show 700K for Kanis 12/31/2-14 and 454K presently but no record of change in holdings. Empery at 1.6 mil. Serious knowledgeable responses only. No whiners. Private discourse welcome. johngunn51 at yahoo. you know the drill.
Great balance sheet and still positive cash flow even w lowered guidance. Too many shares short, covering willincrease and short as %of float will decrease this quarter.
Commodities-roadbuilding and infrastructure materials- at record lows, demand for road and infrastructure work increasing every year. Varello has proven to be in the right place at the right time with the right approach. I believe this could be a $15-20 stock in 18-24 months.
I would agree low volume, overall stock market weakness, year end tax loss selling held stock down last 2 weeks. Upon closer examination, RSI screaming oversold, selling pressure out of fuel, short interest is bloated, and the stock looks like it will blow out the 50dayMA and break out higher. Fundamentally, EROS has a popular hit movie on their hands, Grant Thornton is sticking to their audit, and the movie entertainment industry is booming in India and worldwide. I think the stock has a good quarter and 2016- possibly very good.
Two of the firms w prospective lawsuits now have lead plaintiffs. My guess there will be criminal as well as civil charges. Apaloosa's filing today will also be followed by a lawsuit if they don't get the information demanded. If they di get the information they use it as leverage for restitution or asset conveyance back to the yieldcos. This is a big stinkin' mess, ala WorldCom, Enron, Global Crossing. This company, it's CEO, CFO, and BOD are in very deep doo-doo.
The cinematography is breathtakingly beautiful. If anybody doubts these guys make movies, Baajirao will answer your question. It will be a classic!
Opening in several theaters in Bay Area including Marin. Looks pretty amazing from trailer. There are so many closet Hindus in this country( yoga doers, LuluLemon wearers, ayurvedic medicine takers) who have had no exposure to Hindi art, I think the movie will be very well received. Not Star Wars, but what is. I believe at the end of the day, investors will realize these guys make good movies and although the accountingIideosyncracies and business model are different from say Disney or Sony Universal, Eros is an interesting and rapidly growing film production and distribution company.
It's an amazing drone. HD, intelli-nav. Into planned Spring 2016. Battery weight and flight time are key. Would be largest design win in HPJ history!
Will it be HPJ? stock is up 25% this month. BTW the drone is reported by media to be named Karma- but Fisker already owns the tm. Dharma is vision in ancient Hindu.
38% comlplete response rate at MD Anderson AML patients in Phase2 trials, no side effects. Not a scam. Not a threat to Imetelstat as MOA and trial application different. I do think BLRX could make a substantial move this week as cap is only 75mil. 60/40 fast track probability for both GERN and BLRX within 90 days. I own both..
BioLineRx, an Israeli company, to present dramatic complete response rate for AML in M.D. Anderson Phase 2 trials. I would keep both Geron and BioLine in your portfolio in 2016!
I agree with you. I think the initial opening of 3.42 will be closer to the new bottom when the news is fully digested. This is exactly about expansion. Lively discussion of residential and commercial Energy Storage Modules, drones, and yes electric vehicle batteries was conspicuous in it's absence last CC, now we know why. The investment of $100,000,000 will enable these businesses to scale up. Very accretive deal for HPJ shareholders. This stock has a lot of upside next 6-18 months.in my opinion.
They could have changed the name and website to reflect the transition to an advanced materials company when Harris came to San Francisco in August, and sold 2 million shares at 3.50-4.00 today instead of the convoluted small potatoes/stock and ridiculous warrants deal w Lake Street. Investing 50-75k for a high impact rebrand would have brought in much more money for many fewer shares. If you want to develop and supply advanced emission control materials to the global automotive industry, $3mil dilutive ain't gonna cut it- it's a bridge to another cash raise at best. I'm the guy with the gorgeous rebrand chops. Had an appt w Harris in S.F. but he cancelled. Maybe I need to go to Oxnard in January...