i would have thought this latest news would have spurred short covering. We just can't seem to get any push.
What's odd is that because GST trades on asset value and drilling results (and as most of us know the drilling results have been a mixed bag thus far) therefore a jump in underlying asset value of 40+% should have send the stock up sharply. Most GST longs knew the asset value was much greater than the 500MM, but to have it officially revised should have provided solid footing for a rally.
Maybe we'll see a rally over the next few days. But this has got me scratching my head.
Sentiment: Strong Buy
thanks for sharing this. after hours trading seems to like the revision. lets hope this impetus can finally push us towards $10. a strong earnings report in a few weeks (with positive well results) could send us over double digits to stay.
Sentiment: Strong Buy
hey, why not go post on the Netflix board then?
you aren't adding anything here at all. one can only assume you are pumping your short position in OUTR, or just an insecure weirdo who insists on keeping multiple accounts to give everyone multiple thumbs downs.
so which is it?
in the business of dvd rentals for 25 yrs? so that would be 5+ yrs before dvd was even available for purchase.
what next? were you there when edison invented the cell phone?
what about bill gate's garage?
my only serious question to you is why the need for so many spam accounts to give actual credible posters all these thumbs down?
it really ruins the value of this board.
at this point you are just commenting to keep your bogus thread alive. face it there is no comparison between redbox and blockbuster.
now please use your 10 spam accounts to give me thumbs downs...you dips#&t
quite possibly the dumbest comparison ever made....
by your logic AAPL chart should mirror BlackBerry.
you are a friggin idiot. now please use your 10 spam accounts to give me thumbs down. moron.
it speaks to what? someone trading with inside information?
what are your thoughts on why 10% of the stock is now held short?
I agree with both of your assertions. OUTR is primed for a jump here. and i've learned to ignore the 'thumbs downer' account here on this board.
My philosophy is that thumbs uppers to good comments like these are the true measure of good active board members.
Unfortunately for OUTR board it looks like there may only be 3-4 active good posters here.
Please keep sharing opinions and info however. I appreciate it.
I am long 500 shares at $56
I can't really add much to what serious and Seq have said. The share issuance stands as a negative backdrop for a great growth story that would probably have GST trading well over $10 now without it.
IMO management waits until we are into 2015 before announcing the share offering. I sold ½ my position at $8.70. Then bought back in today at $7.95.
My plan is to completely vacate by Jan2015 or $12...whichever comes first. Then I will re-evaluate.
There are lots more great stories like GST out there to put money.
given all the facts available to the public, i wonder who would be dumb enough to take that large of a position short? that sort of volume is not just a quick in-out trade. someone has placed a very large bet against GST.
and if we do get news in the coming weeks that fuels a sell off, this would be the most blatant case of trading with insider information that i have ever seen.
i guess time will tell.
HERO is a solid company growing earnings and revenue. plus that huge insider buy recently really has to make you think. but i'd rather own an exploration company rather than one that rents rigs and equipment. a bet on hero is a bet on the industry as a whole.
a bet on a company like gst has significantly greater upside, as their stock price relative to their asset value is considerably undervalued.
also, that goldman downgrade really hurt HERO. I would have bought under 4 though. i still think it sees $5-6 by year end, but that's an educated guess.
i agree. this sell off is way overdone to the downside. I'm in at $57 and think we recover to the mid $60s fairly soon.
Sentiment: Strong Buy
just because you bought at the wrong time doesn't mean the stock is manipulated. maybe it's time to sell and take your losses here.
for those selling into the close today, that is a big mistake.
a big buyer will step in next week and send us into the mid or low 60s.