It says it was already recouped and could be overturned. How would this affect anything now? It was already paid and can be overturned only from what I read. Can more be taken out and was drop from a one time payment? Not much info on these companies such as Pbt Sjt and Hgt as only ones I follow. Pbt only one in at the moment as got out of Sjt at a good time but had biggest stake in that one with great result. No chance to get in Sjt yet but bought lot of Pbt and might add here as wish I bit bigger at 12 bucks. 2000 in Ira is very nice but would like 5000 between sjt and pbt as hgt is to risky with many poss payments back to xom if not ruled in there favor. Good luck longs I might go in deeper as really don't understand what happened.
Well they sold off some assets that would have made them money. They sold off two parcels in gulf so the estimates must come down. They would have made something on getting them pumping and they sold off 1/3 of Egypt also. I have liked them because of such low p/e but it went from 12 down to 10.20 now down to 6 giving a lot higher p/e. Stock can overshoot in 120s but most likely g to just under 110 before everyone realizes the earnings drop and it goes back down. just think it was 68 bucks with a earning est of 10.50 and now it is 94 and earing est of 6.40. That's a big jump and always goes higher than it should. They did sell assets to pay down debt which is good but I haven't seen it yet and p/e still going too high. I will get out soon as I got in low but sold early in mid 80s. Actually it was 82.80 with nice profit and seen earnings coming down and stock acting nicely so jumped back in at 87.78 ad will get out soon. I have done great on all my oil stocks over and over. Wish that is all I had money in because I had a couple duds taking a lot of my profits. Nobody is perfect as I jumped in bbry and ntwk recently only to get punched in the gut and then kicked below the belt.
Good luck to APA longs never shorts because I do not think one should be able to short stocks. If you don't like company do not buy it. Why should you be ale to short and create 5 times price movement to help crooks.
yeah cover! Like his thing going to spring back up! Not a chance for several months but with the constant Idiots on this board it might tread water for a while. One guy buying at 14 and another big one at 10 a boatload at 8.50 while truckload at 7.50 and still didn't learn his lesson yet. How many time does one get punched in the face before he taps out. You got it wrong, wake up and and move on don't keep throwing money away. You are not the only one that got burnt but don't act likeyou know something about this stock besides it suck and one should have got in and out in a hurry or just stayed away. You dont know anything besides it is going farther down in the near term.
So far looks like your the one getting burnt over and over again, but this timne it will be different. I will not sell down here but as to buy more shares of this #$%$ I wish I dint have is not going to happen. I would not be suprised to see another reverse split once all the loonies lose all there money and cant buy anymore.
Okay #$%$ buy some more up here. If you follow rig you will know this is time to sell not buy as time to buy was 45 or less. You will also know politicians are out for themselves not you or me. This republican-democrat #$%$ is for another board. We shutdown but everyone gets paid so why the shutdown. Yeah they all got extra paid vacations on us how nice. We don't know if Romney-Egore-or Mccain would have been good presidents. What we do know is Obama and bush were and are bad presidents and the house just like to bicker and blame each other for everything while we all suffer. Oh and that great Obama care is for you and me they keep there own plans which get funded partially out of SS. They only have to serve like 2-4 years t be fully covered for all benefits.
If you follow this stock which has had 2 reverse stock splits you will find out how far it can fall. All the way to 40 cents 10 for 1 stock reverse split for third time and you will know how far. It will however still be a 4 dollar stock on the bright side. Been promised many many times and this guy should be out running a used car lot.
Are you for real-You really got this one pegged don't you. Have another pitcher of Kool-Aid if you cant afford one as of the stock price I am sure he fearless leader will give you one unless he runs out of money also.
Well maybe he is stupider than Morons buying this stock, I am included so don't get your panties in a bunch! He constantly screws people and everyone keeps drinking the koolaid. He is not the one who should be in charge unless its a used car lot. He had many chances and never delvers the goods. How many times will you let this guy kick you in the #$%$ before waking up. Another reverse split so that one guy who has been buying every time he gets #$%$-slapped finally runs out of money. He must have like 250 billion shares by now. It looks cheap again like the last 200 times and I am sure we will get knocked down again because there is no selling down here and company cannot be trusted even though many people still chugging down the Kool-Aid.
His point must be how great this company is it does 2 rev splits and still drops 30%. Maybe tey should get a new ceo or just give him the company as he does whatever he wants. How does a software company give great guidance at expect 15 cents and lose 12. That's like having negative revenue and it cost nothing to run company. No excuse-new product rollout does not lose money it might make earnings a little lower but not disappear. These analysts are great also-Why do they even have a job I would be better off guessing.
It already had its pop, then they sell and downgrade and buy back at 45. Thjats how they do it. 25 PE is when they were writing losses of. With the new earnings the FE is 10-12. The 1% upside is a joke too upside has to be 52 week high and low is 44-45. Could hit 42s but rather unlikely as it would take bad verdict on spill which prob wont happen.
It is written and shall be seen as it has been seen before. By weeks end we will hit your target. I hope we see 60+ in 2nd week end but would like to keep all for divy. If we hit 62 before divy I will have to sell at least 1000 or half as I am too heavy in one company now. Was going to by some rig or do but put remaining cash in here. Rig took nice jump and only 200 shares in that one and it is as low as it was going to get before s+p pop. I will have to take my small Profit as to if I added 1000more at 45.
No but maybe suckered into more shares as all in when it hits 55 or less. last 800 shares 54.42 as low risk 52ish but high 65ish. will go to 60-62 most likely. I will ride this stock and have been riding since they bought pride-aker. Get mixed up if rig bought aker and esv bought pride. Maybe someone could help me out as if its right or reversed. Thanks I must sell half when it hits 62 and hope it goes up but always go back down to 55
Sentiment: Strong Buy
From what I read they did not add .12 cents for 27million backlog from ogx and did not include .05 for revenue from ogx. How they got from 1.62 to 1.69 I have no idea. I got 1.62 no beat but really good for stock being at 54-55 bucks. It will go to 62 by end of year I hope.
It is a steady stock and easy to hold but sucks because it is in a range you can trade. 55 buy goes up to 60-62 sell. For large amounts you can make big profits instead of watching go up and down at least 3 times already. I am in all the way right now but would love to double my shares but I cant get any more money. If you could pawn children I would pawn them all and hope for 65.
Announce early to drive price down and bid slightly more is #$%$ but is that 4.7 B with the 2.5 to 2.8 B they have. So its really like 2b in reality. Wow I took a shot at 10.42 and out by earnings. That didn't happen and now I must accept a loss. Sure thought they could get 12-13 bucks easy as palm had no cash with debt and still got 5.80.