pgh has to find its niche where it will prosper, the past two years have been losers. just look at the numbers. this year has been disappointing so far with respect to earnings. Still operating in the red. they need to prove the turnaround, curtail maintenance expense.
will get this quarters results shortly.
once earnings surpass expenses at a good clip, this stock will take off.
pgh x date was the 20th, at current price 10 %
the more interesting info should be the earnings for the 3rd quarter,
announcement scheduled oct 30.
pgh will release 3rd quarter results oct. 30, market close.
that will shed some light on how pgh is progressing.
earnings history has not quite satisfied analyst expectations,
some still see losing quarters for the remainder of the year with possible gains starting first quarter 2015,
fundamentals are the bases of a specific concept, and yes in this case related to the oil sector.
cats seems to be coming around to at least acknowledge they exist.
co. fundamentals more specifically relating to a co. will be influenced by oil prices. . the more speculative the co. the larger the swings as I tried to explain earlier.
and again much of that being influenced by the market interpretation. ie investors
tit, I know the feeling. I have been there lol
I dabble and look for stocks I consider seriously undervalued.
did quite well today, look at at and eroc.
of course looking back, why didn't I take ........................
not everyone needs to read up on a particular subject, there are those who were actually involved in the process.
individual hedging are legal contracts set up by buyer and seller attached with specific conditions only applying to these contracts.
and specifying the conditions agreed upon.
tit. I am with you, I will nibble here and there, sometimes for a trade.
oil is in a downward trend. market in general in correcting mode
too early to load up here
hedging is used to protect against wild price fluctuations to the upside or downside.
a specific contract between a buyer and producer where both agree to price and quantity for future shipments. protection for both.
hard, I did some research more relating to market interpretation.
pgh was expected to move in tandem with the broader market, not quite what happened it overshot, putting it in a more speculative category.
in addition what concerns the market are increasing operating expenses and a continuing negative return at least until the end of this year. caution still in place imo.
stock fundamentals, trading history. shorts, market reaction, volume, sector performance the list goes on....................
stock fundamentals, represent co, sector, economy ect a far wider range
your response shows limited comp.
you talk co. fundamentals I talk stock fundamentals
what matters if you want to invest successfully ???
broaden your horizon,
well cats, at least you are learning
however, stock fundamentals are only partly relating to a company, the one you have chosen
fundamentals as referred to in the sense of successful investing have to
include fundamentals pertaining to the sector
fundamentals pertaining to the economy
in other words fundamentals are not only co specific, they include a far greater range. keep reading.
my guess many energy producers are struggling right now, look at bbep today. one I also own.
could present a buy right now,
what offers the best appreciation potential, who knows;
the hi volume in a down trend makes me wonder how much further we have to go. I am staying put here.
tit, you have been busy this morning lol
trusts and other energy performers still getting hit hard,
crude traded around 83 this morning, most producers require 85 to 90 to register a profit,
reminds me of the housing bubble.
however, cant see oil producers continue to produce if its a losing proposition.
at this point with so many new 52 week lows, selling makes no sense imo
tit I am giving up here, not moving right now lol
energy is oversold but that doesn't mean we hit bottom,
the market ie economy in general is so fragile right now, we could continue a pull back