Callon Petroleum Co. Message Board
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Callon is planning for the long term. They are putting nearly all into bringing in new wells. My thought was that this would be taken into consideration when the reports were released last week. It was not. That said, I have to believe that as the wells start going online, we will see this stock hit highs it has not been at in years. The lower it goes, the more profit there is to be made.
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the name of the game for 2012. 2013 is when the results will be shown. Drilling takes money. We all knew 2012 was setting the stage for future production. Now if they were having to quit the projects because oil was not there, then it would be a different story. Production should increase as wells come on line. That is looking good to me.
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LOOKING GOOD!!!
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THESE ARE ALL SPAM-- MADE UP---NOTHING TO THEM.
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Sometimes a stock can jump before a results report and othertimes, it can take a few days for the word to get out that the stock is a buy. ALso, the inability of our political leaders to tackle out debt problem is starting to weigh on stocks. Oil may increase a couple of months down the road. The bottom line is that this stock will go up but will it be sooner---later or in between??
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Most are expecting good news. it should make the fools who are keeping the buyout post going for trashy reasons to shame.
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The problem is that Callon invested in a project that didn't pan out so they have had to dig out of the fallout from that. They have done a good job of digging I think. They seem to be near the end of the tunnel and once more oil starts flowing, we should see this stock near old levels and they won't be able to panic investors with gossip. Just hang in there.
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Mainly by those who want to sell something or to trash a stock they don't like. They need to make it easy for the garbage post to be deleted.
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A huge effort to run down this stock. they always fail as the company makes good business decisions. if they take the wrong road then they will self correct even it it takes a little time.
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A
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Beware of the diffrent post who keep saying that the callon buy out report is helpful info. They are all saying the same thing. something does not smell right with that. The odds of so many people saying that would not be good. why do some want callon to drop as much as possible. we can trust they are out to make money.
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will be the oil output in the 1st qtr of this year. As wells go into production, output is expected to be up. Smart move having the sale to Shell being effective 12/31/12. I would not be suprised to see 10.00 a share within the next 90 days.
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It may be that the news on Thursday will be quite good. Guess your theory would be kind of empty then would it not?
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Outlook for this year should be good. Got to think 7.00 to 8.00 very very soon.
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The leaked callon post was based on gossip. it just added to the panic. It was nonsense. this stock is going up whether some want it to or not.
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Not it was not helpful. it was only helpful to add to the panic which was nonsense.
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There was no reason to panic Friday but some were about to bust with fear. This company has been in business since about 1950 and I suspect it will be in business for a while yet. When oil was at about 70 bucks it was not unusual to see CPE at 10.00 or so. Sounds like the people who sold over a million shares at about 5.00 did something dumb unless they bought CPE a while back when it was at about 4.20 or so. It just shows that panic can ruin the day of a pro trader as well as a non pro.
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Someone is wanting to make some money because they know this stock is right near a run up. What better way than to turn the rumor mill over??
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The reports will come out on the 14th after the market closes. I anticipate Callon to be in better shape with a better outlook than they have had in a long time. If someone is spooking the market outlook for CPE now, it is just because this may be a 7.00 or over stock within a couple of weeks.
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Fred Callon won't sell.