... of both worlds. Nat Gas up Oil down...UPL is sold because they are becoming more oily , Nat Gas down Oil up...UPL is sold because they haven't become oily enough.. the stock is just plain hated by the clowns that control the game, would really appreciate it if this company's management could make up their collective minds and get the STOCK in gear .... right now stuck at the 10 dma...the boys and girls just won't let it break out...oh, well patience, patience; the winter is coming and maybe the shorts are just going to be forced to buy some long pants.....jmho
hillerby...while reading charts is certainly akin to reading tea leaves, at the least with CAMP there are some positive fundamentals that can give a "smidgen" of credence to the efforts. With MVIS you have mostly hopes and promises from their CEO. However, MVIS might prove to breakout through $2.10 one of these days and run to $3.20 if a piece of Alex's hope/promises catch fire.....just sayin'....lol
..no problem with anybody buying growth so long it is at a reasonable price....you say it was acquired at a premium price, won't argue the point as I can't prove otherwise. Still won't dismiss the group as quickly as you do. I am disappointed with the miss, but still believe the stock is being WAAAAY overdone to the downside.....imo
so you want to pick a mid-point of $1.50 for 2015.....why not pick the high estimate by the company of $1.60...that is 20% growth....using your PEG of 1 puts fair value @ 32/share....juggle the numbers any way one "feels" on a particular day. FACT of the matter is pipeline growth in the US and worldwide is growing and will continue to grow dramatically so long as the clowns in DC don't continue to block it. That provides fantastic opportunities for MTRX as well as others in the business which is not so cyclical as you might believe. Just look at their backlog growth. OK. drop the price of the stock a buck or two but NOT 25%.....way undervalued @ 23 or less......in a month or so stock will be back to 30 provided the whole market doesn't crash....of course jmho
...traders would trash a stock to the tune of 25% on a miss of $.06 when a company is still growing to the tune of 20-25% annually. Wall Street at its worst...happening every day...pushing stock prices up to unreasonably high levels then yanking the rug out based on "traders" opinions of the moment...MTRX a SCREAMING buy at these levels!!!!
Volume is a little on the light side but getting through 20 will almost surely take it to 22.....shorts might want to cover at 20 1/8....imo
...perhaps because you are...lol however, some of us are lurking. I am watching the chart and think this 19.20 area is important resistance. There is a big gap between 20 and 22 that needs to be filled, then 23.80 should be doable. Without a catalyst, ie. new contract information, it might be somewhat choppy going from her. Having said that, I would suggest the 24 range is very likely in a few months. ...jmho
Fiscal year is March-February. All values USD millions. 2010 2011 2012 2013 2014
Sales/Revenue 112.11M 114.33M 138.73M 180.58M 235.9M
...the MM traders are really playing with this stock...18.65 +/- is the 50 dma....they rally above it, now they crash below it , not enough institutional involvement to force their hands , now we have to worry about 18.10 for support as that is the 10dma , if that breaks with or without the market one could expect the low 17's again. CAMP business or future prospects is of no consequence while there is minimal institutional support....imo
Cleared overhead resistance at 18.70....very strong overhead @ 19.20...after that 22 then 24...I am thinking 24 by the end of the year, hopefullyy sooner......jmho
"The debt to ebitda will be fine, especially in 2016 and beyond." UPL still remains over-leveraged. The recent acquisition does not alleviate that fact. 2016 is a long way off and many, many things can go wrong in the meantime. At this point the ONLY saving grace will be a sharp increase in the price of NG. The support around 22 is comforting but I won't add until I see solid closes above 23 +........jmho
Thanks to all for the info from the CC.
"I wouldn't own UPL if I didn't believe NG will go higher over the years." That has been my take, but UPL started to go more oily specifically because NG wasn't providing the returns needed yet now they buy MORE NG? Why not purchase more oil properties insted of NG...or did I misread the purchase specs? I am solidly for more use of NG but the adoption rate is slow and very sporadic.
These guys are pulling the same type of garbage that McClendon pulled at Chesapeake...piling the debt on until something snaps, then the stock price plummets........same bs....
Market seems to agree with you.......these guys should be selling and reducing debt rather than buying and increasing debt...disappointments continue to mount...imo
...but then on the other hand...when you have a bunch of hedgies barfing up all their stock and likely adding to the short position , might be a tad more difficult against the tide of 40 million+ shares.... need I say some clowns wanted out today?
Sell off seems to be a little over done, no? Down 13%+ because the company will essentially miss revenue estimates by a few million dollars ? Yup, way over done...and people suggest Wall Street is rational...lol