When Libya goes offline again, WTI crosses $110.
Other problem areas which likely could go offline are Nigeria and Iraq.
Not too much progress lately on ISIS in Iraq gaining ground in the south,
Should Ebola go pandemic in West Africa, producers will evacuate the Gulf of Guinea.
The world is a scary place right now.
I believe folks are realizing the world oil bucket is a mess. Libya oil port is still at risk, Nigeria problems are posing a potential threat to the Gulf and Iraq is still a wild card.
If Nigeria or Iraq go offline, we are talking somewhere around $125 a barrel
Having one good idea often indicates that you have others.
Please reply with 1 time with a symbol. I'll collate next Friday.
Absolutely !! West Bank facility is the 800 lb Gorilla in the room which tuvu1 missed.
West Bank presence makes SODA toxic to the reputation of any suitor.
When a stock has a huge short side, look for the short side to run it down wherever possible.
Only quarterly numbers can prove them wrong.
So I wait.
I love your screen name !! Wish I picked it for myself.
I'm overweight COP since early this year and very happy about it.
It's one of a handful of stocks I have no intention to sell.
Still working on my own estimated of how $150 a barrel oil will impact COP cash.
Having a tough go at it.
Answer is big, just trying to get a feel on how big.
Once, there was huge potential here.
SODA never addressed their image. Hindsight alas......
Pepsi Spire happens when no respectable company risk dirtying their image by partnering with a firm operating in occupied territory.
I find it a stock to best stick in the sock drawer and look at it in a couple years.
And by sock drawer, I mean a cash account. Shrinking the float available to stock loan is in your interest.
Only recently do I find industry and business developments starting to make PANL interesting once more.
My thesis is based very simply on lighting. Like eventually an Eco friendly replacement for the common light bulb. And I am not expecting anything soon.
This could be long.......... quite a few components......
Empirical data (years of it) shows high volatility on Options Ex Friday's and more in NASDAQ stocks than NYSE listed Equities. That is just a pure fact. Google it up, I expect you'll find many academic studies. Boring stats but good reads.
A preponderance of call buyers and put sellers are institutions looking to create yield.
NASDAQ is based on Market Makers which run Prop Trading and conduct business on behalf of their institutional clients. Essentially, the Broker Dealers run a stock warehouse.
Trading Desks at Broker Dealers use a NASDAQ system called Super Montage (SM). SM shows all interests to buy and sell with share volume interest quantified across each discrete price.
Take these components as a whole and assume an institutional trader is looking to protect his best customer. Assume the stock is trading at $30.00 bid and $30.10 ask and SM shows interest to buy spread out as:
In this simple scenario I can sell at market into the bids a total of 5,000 shares and drop the price $0.50. And I don't even have to own the shares. I just have to be able to deliver or make a promise to deliver or cover by the end of the day.
The nasty part of this is a company with 10 million shares outstanding just had it's market cap cut by $5MM dollars. And it can be done in a couple seconds. With a HFT system, it can be done in a fraction of a second.