NETE has acquired a rather shareholder friendly financing deal. The first round of $11.2million was converted into 15% of the outstanding shares on July 2 with the closing of the second round of financing. This means Cayman invest now owns 4.86 million shares of NETE at an average price of $2.31/share. Assuming Cayman wants to make some money on those shares, and I assume they do, the stock price should quite easily rise over $3.00/share in the very near future; I suspect we'll settle in at about $3.50 within 3-6 weeks.
Financiers are ponying up quite a bit of money for NETE, and at really good prices for shareholders. This bodes well for us and for the financial future of NETE. With $21million of financing already in place, and all of shareholder friendly, NETE is a great place to load up shares for the mid-term and enjoy some nice gains. GLTAL.
By the way, I know everyone here can do simple math, but though I would mention something: $1billion market cap would translate into a $29.40 share price. I know this is about 2 years off, but we have already begun the slow uptrend toward it! GLTAL. Great weeks and months ahead!
There is panic selling, and then there is valuation selling. I think this is valuation selling. There is a not a single near-term catalyst for ROYT, but only a negative catalyst at least until November, and maybe until March 2015. If you want to invest here between now and then, go for it. But why invest in a stock which will be trapped in a downtrend until November, and which might drop even farther if the vote doesn't go in favor of ROYT? You can call me stupid or whatever else, but the facts are in: ROYT is a speculative stock in a sector which detests speculation and thrives instead on stability. The situation spells, "Sell".
For those of you who are new to GreenHunter Resources, welcome. There is a solid, fair article on GreenHunter from Seeking Alpha written on July 14, 2014. Look it up and read it; it will give you the basics and instruct you as to what you should look for here. Long story short: GRH is poised to grow fast: $5.00/share near term.
Marjac Capital Management, LLC
Hedge fund manager
GreenHunter Resources Could Rise 150%
Jul. 14, 2014 5:00 AM ET | About: GreenHunter Resources, Inc. (GRH)
Announcement of pipeline and splitter project is transformative for GreenHunter Resources.
Pipeline to significantly reduce the cost of brine water disposal for producers by 50%.
No capital required from GreenHunter for the pipeline construction due to creative deal structure with private pipeline company.
2016, 2017 earnings could potentially value GreenHunter at nearly $1B.
Current price target $5.
I loaded up several thousand shares at $2.10 today. NETE is a growth stock with its financing in place and huge potential. The downside risk at today's prices is minimal; the upside is huge. The next leg up will take us above $3.00/share. GLTAL.
Take advantage of it while you can. The share price will not be this cheap 6 months from now. Q2 earnings report should provide a nice catalyst, and with a near-term price target of $5.00, we are poised to head up from here. Patience will pay in this stock.
Sentiment: Strong Buy
On speculative trusts the yield usually hovers around 20-25%. Assuming an average monthly dividend of 12.5 cents (which is about the average over the past 6 months), the stock price needs to dip down to $7.50 in order for it to be priced at 20% yield like its competitors. I am not saying anyone should buy or sell here, but the broader market and the speculative nature of ROYT tells me the stock price has a long way to go down before it plateaus. And I would not expect a bounce; if you look at the historical charts, ROYT doesn't bounce; it drops a lot and then flattens. With the future looking like nothing but declining monthly dividends, I'd say ROYT is not worth investing in anymore at this time. SDR, SDT, WHZ have better yields than ROYT. GLTAL.
NETE has quite a ways to run yet; look for a test of $3.00 soon, and if we clear $3.00, then the next resistance should come at the new price target of $3.47. GLTAL.
We won't be in the 2's and 3's for long; with forward guidance and the announcement of the recently established operating divisions, GRH is about to take off from these levels. GLTAL.
Press Release: GreenHunter Resources Schedules Second Quarter 2014 Financial and Operating Results Conference Call for Monday, August 4, 2014
Wednesday 07/23/2014 07:09 AM ET - Dow Jones News
GreenHunter Resources Schedules Second Quarter 2014 Financial and Operating Results Conference Call for Monday, August 4, 2014 GRAPEVINE, Texas--(BUSINESS WIRE)--July 23, 2014-- GreenHunter Resources, Inc. (NYSE MKT: GRH) (NYSE MKT: GRH.PRC), a diversified water resource, waste management, environmental services, and hydrocarbon marketing company specializing in the unconventional oil and natural gas shale resource plays, announced today that it has scheduled its quarterly conference call to discuss its second quarter and YTD 2014 financial and operating results. The scheduled conference call will occur on Monday, August 4, 2014, at 9:00 a.m. CDT. The Company will issue a press release announcing these financial and operating results before the U.S. financial markets open on the morning of the conference call. On the conference call, senior management will discuss these financial and operating results, two new recently established operating divisions, anticipated capital expenditures for the remainder of 2014, the announcement of the intent to form a MLP, as well as other corporate related matters.
NETE has been beaten down the entire year and is long overdue for a bullish correction. The new price target of $3.47 is a great start, but I won't be surprised if we head up over $4.00/share in the coming months. GLTAL.
We should have a nice gap up tomorrow with today's news. The volume is good and high. Looks like we might run a couple more days until we hit the low 3's, say about $3.20 or so. GLTAL.
It will take people a while to see the value of today's news, but rest assured people will see it and more and more buyers will come flocking here. GRH as an MLP will provide huge returns for investors here. Today's prices are a great place to load up before we start steadily marching above $4.00/share and $5.00/share, etc. GLTAL.
Timing the bottom here is going to be nearly impossible. For those looking to enter ROYT, look at the stock price beginning September 2013: it started into a severe selloff that didn't finish until 3 months later. Myself and others are not kidding when we say ROYT might now find a bottom until it hits $10.00/share, or $9.50, or $...
I've been investing in MLP's a little over 15 years now and I can tell you this is the best possible scenario for GRH. As of today's news, the stock has become for many, and will continue to become for many, a buy and hold for years to come. The forthcoming events and news should continue to move us higher and higher for a couple months. GLTAL. Great days ahead.
Also, on big volume days, GRH tends to run in the afternoon. Now is the time to load up shares and then sit back for a while. GLTAL.
There are many reasons for the share price decline; some macro and others micro. Q2 results will drive many investors to the sidelines, selling their positions, because of the book value erosion which has been characteristic of ARR. Also, as the dividend forecast draws to a close, investors are wondering what the next forecast of dividends will be: 5 cents, 6 cents, 4 cents? Historically speaking, ARR is not in the habit of raising their dividend; they are, in fact, in the habit of reducing it. As the weeks wear on, the share price will, in my opinion, be pressured to the downside for these reasons. Also, investors get tired of holding a stock whose price has a firm ceiling upon it. There are many other high-yielding dividend stocks where you can make money both on the dividend and on the stock price appreciation. ARR has almost no stock price appreciation. GLTY.
Did you read the SEC filings today? I very much doubt there will be a dump; the stock will more than likely head up for a while.
LOL...spam might be all it's worth :)
Any high-yielding dividend bargains that you know of right now? TIA.
By the way, thanks for the conversation on this board, folks. It is delightful and very helpful information.