Anyone shed light on this for me? I don't need cheerleader saying all is wonderful since it is obviously not the case, but seems they probably are paying more than market price for their current oil supply.
Funny no effort by insiders to pony up their own cash to quell the free-fall that is going on here... I have to say this is not worth moving on until I see something from these guys ("good guys" as Cramer calls them and apparently what Buffet thinks too... but these good guys don't trust the financials either at this time)
I know this is one of the issues pointed out by shortsellers - but really this is a legitimate concern is it not? For instance, Goodwill as an asset increased from ~900 million as of Dec 2012 to over 4 Billion as of Dec 2013. That's some creative accounting. I've lost money here and would love to double down but at this point I may need to admit I made a mistake.
I heard this bit of info on CNBC 'Pops & Drops' segment yesterday. Can anyone please tell me where a person could find this type of information on-line about this or any company they are researching?
Frac sand isn't found at the beach or in a playground but is a durable, high-purity quartz sand. Sand proppants have become more desirable vs. ceramic ones as new fracking production techniques require the high-grade sand.
Rosetta Resources (NASDAQ:ROSE), for example, has shifted away from ceramics proppants, hurting firms like Carbo Ceramics (NYSE:CRR) but benefiting sand suppliers like U.S. Silica.
Low volume ahead of the long weekend seems pretty normal. Lots of perceived global turmoil. Holding up just fine here IMO. I'm banking on a Sept rally between 66-68 by Sep 20... and hope you are right about increased Berkshire stake... chances for that seem pretty good given the recent activity and the statement from Buffet.
Sentiment: Strong Buy
Is this a joke? The article reads more like an opinion piece than an analysis of CBI. I'll take sides with Barclays and Berkshire over Mr. Dieter - Thank You. Seems Deiter hasn't yet mastered English yet much less qualify as a analyst.
LOL, my term... don't want to appear overbought and we like to see nice steady climb with no volatility up or down to keep the day-traders the heck out of this. The 'Goldilocks zone' as I define it is a slow steady upward bias/ low volatility to reassure the buyers that if they jump in here they don't face immediate downside risk...
Relax friends, IMO a little consolidation here is golden.... let it break 64 resistance next week or the week after for all I care, it just means the next leg up will be that much stronger. This chart is entering Goldilocks zone.
Psychological strategy IMO... wait till tomorrow AM to bid it up another couple % just like last 4 days... soon people are afraid to sell - thinking they will not have any dips to buy back in at a lower price and knowing they may get left behind waiting another day.
Right now I don't think anyone is worried they are going to miss out on the ride up with all the uncertainty in the market. We need more greed and less fear!
Poor management team - they can not execute or take advantage of economies of working in limited geographical area - Terrible stock performance - no catalysts on near horizon.... The contrarian in me says this has to be a buying opportunity but I'd like to see a few downgrades first.
From a common sense standpoint, doesn't the massive insider selling over past year concern anyone here? I was considering buying in on this drop but after looking at the insider transactions I am holding off for now.