Charts look bad for a reason. Bought all of them for New Year's recovery potential. All were "victims" of tax loss selling.
Holding AREX (bought @ 6.37), never had NFX. CHK and NOG are long gone, just like SFY. Not a shorter, but I am a realist.
I see quite a few small - midsized biotechs trading down a little today with generally light volume. SPPI is the exception. Not huge volume, but above average and a nice gainer today.
Kel............holding SPPI, ARIA, EXEL, LXRX, MSTX
Numbers like MHR used. Probably will be the standard. An ABSOLUTE joke. Will give no cred to anyone's PV10 numbers.
Traded UWTI for a 20 cent profit.....yesterday morning thru a few minutes ago.
Wonder if the normal early year shutdowns will affect HFC, VLO, TSO, etc. This is when they do their annual maintenance, upgrades, etc. Also the slowest time of the year for gasoline usage.
Slick......was actually looking at LOCO earlier today. Story sounds good and the numbers (growth prospects, etc.) look OK. I was bothered that some of the restaurants are remodels and not new buildings. Some posts on the msg board about "dirty" interiors, but you never know whether those are true or just someone with an ulterior motive.
Any BR holdings (like Fidelity, Vanguard, etc.) are in ETF's, Mutual Funds, etc. Not an activist seeking a buyout or anything like that.
All the wells are now drilled as of 11-30-14. The subordination period ends on 1-1-16. They said that production is now expected to decline quarter-to-quarter as all possible wells have been drilled. Enjoy the nice divs for this 1/4 and the next one ending Feb. 28th (paid in May). Hedges will be gone soon and dists will start sliding and really tumble starting 1 year from now, unless OIL stages a strong recovery.
Kel.........sometimes trader, not in right now.
Back into AREX @ 6.37. Sold a few days ago @ 6.77. Also grabbed some MEMP @ 16.85.
Sold MCC, lost a few cents in 2 days. No positive action.
Bottoming process. I think recent action in oil stocks is positive as they've seemed to have bottomed. WTI-oil still in the bottoming process. Cut backs in CAPEX along with some shutins at $ losing wells will take their toll eventually.
Also, there could always be some type of political / military blowup in the Middle East. Would likely send oil soaring up several $$ in one day, if something happened.
Just my opinion..........Kel (also holding MEMP, LNCO, SWN, and COP)
Sold a few days ago @ 6.77. Just got back in at $6.37. AREX is solid and will be a survivor. They know how to maneuver is this type of situation. Read the update from mid December if you have any doubts.
Member since yesterday?????????????????????
Have Mom bring your lunch down to your basement dungeon.
BNS, RY, BMO, TD.....all the big banks there look cheap. Near 52 week lows, nice yields, decent growth projections, and low PE Ratios. Possible victims of Oil / Natgas woes and the beat up Canadian $$.
Not the real me. Replaced the '1' in 1952 with a capital 'i'. Who is such a loser to even have the time to do this kind of thing.
Not really me. Notice that someone put a capital "i" in the place of the "1" in 1952. Didn't look at their "date of birth" for the ID. I've been around for 10+ years.
The real Keltus1952