Plenty of cash on hand for several quarters. Will get the 180 day extension.
Been doing a little checking. Seems like there's a lot of other small diagnostic testing companies out there competing with RGDX. Not sure if any of their tests are proprietary (no one else can duplicate), but there just seems to be a lot of competition in this space.
Last year they reported Q 1 results on May 8, before the markets opened. If I recall correctly, they had a ConCall @ 5:00 AM in California (8:00 AM Eastern). That should keep the questions to a minimum, if any at all.
Bought some SPXU near yesterday's close @ 33.80. Was up for awhile, now down about 40 cents, just over a 1% loss. Will give it some leeway. I watch the volume and movement of SPY. Very low volume there too.
I spend a fair amount of time looking into TRN several weeks ago. Was real interested until I got to the lawsuit issue. That kept me out of it. Haven't been following it but I think it's still in the same area as then.....low to mid $30s.
Was just looking through the EPS report. The numbers are sooo BIG now days. Customer connections = 108 million. Debt = $108 billion. Guess that's about $1000 of debt for each customer. Good or bad.....I don't know. Huge numbers though.
Per Yahoo......next 5 years average growth rate is 8.5%. Add to that the current yield of 4.5%. Equals an excellent TOTAL RETURN of 13% if achieved.
Really......can't find any other with the upside potential that I'm comfortable with. Might be some bigger cap pure drillers that are better quality, but how much upside do they have left?
Someone might want some of their properties, but who'd want their $1,000,000,000+ of debt?
Remember not long ago Citigroup was calling for $20 WTI? Maybe they are trapped and were trying to talk it down.
A little cash, issue some shares, wouldn't take much to buy $15 - 20 million of revenues. Consolidate mngt functions, trim overhead, etc. A great acquisition.
Lowest Green Bay price now @ $2.30, although some locations have gone up about 8 cents in the last few days to the $2.38 area.
RBOB (wholesale market traded unleaded regular) closed Friday @ $1.93 per gallon. The spread to retail prices allows for distribution, retailer profit, and gas taxes.
Current spread is still very tight in the current 40 - 45 cent area. Usually is in the 60- 70 cent area and sometimes higher than that. Not sure how prices are in other areas?????????
I'd be looking for gasoline prices to rise over the next few weeks unless WTI weakens significantly again.
Just my thoughts.............Kel
Read the Nov. 4, 2014 press release. May be eligible for a 180 day extension. They meet the other criteria like minimum equity and minimum market cap.
Now that they have the SIGNIFICANTLY increased "daily customer charges" in place over the last few years......it's back to work on the usage rate increases.
At TEG, the daily customer charges have gone up over 200% for electricity and over 100% for natural gas over the last 2 years. This is comparing my March 2013 rates with my March 2015 rates as a TEG (WI Public Service) customer in Green Bay.
I hold several CEFs (ETW, ETJ, GGN, BCX) and one ETN (SLVO) that do buy / write call options. Hold most of these in small positions (3% or less each of my portfolio), but SLVO is my largest position at this time (about 9%)........... All of these mentioned pay MONTHLY.
I've always liked the buy / write concept and did some myself maybe 25 years ago. Now, I'm just happy to let the "experts" do the writing and I'll take the monthly distributions.