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GASCO ENERGY INC Message Board

no_blinders 2 posts  |  Last Activity: Dec 19, 2014 9:16 AM Member since: Jul 7, 2006
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  • Apparently Block is pushing their new software, Blockworks (cloud oriented) vs their TPS which has been their staple. Many the senior tax pros, I spoke with, don’t really like it but are obligated to promote it, like last year will flop again, ending up using TPS to finish the tax year.

    Less experience tax pros manning retail and pushing “Pease of Mind” can’t bode well for Block the next few quarters..

    Too bad, used to be a good company.. I’m out and may short early next year.

    Good Luck. Merry Christmas

    Sentiment: Sell

  • Reply to

    I’m in again.

    by ditto4us2 Dec 18, 2014 10:50 AM
    no_blinders no_blinders Dec 19, 2014 8:57 AM Flag

    I agree with you 100% and will be buying early today.

    I follow a few Analysts exercising a contrarian buy/sell approach when they “Downgrade” a stock like SPN that just recently corrected over 42% … I question the RR wisdom. Reading between the lines … you know they’re holding short and looking to cover since volume has dramatically slowed down.

    I, like you, and probably some non-hedge funds with huge a cash holding from the recent sell-offs are bottom fishing here now. With the Feds holding rates low WOW, what an opportunity.
    Looks like Citi Group and RBC Capital are short needing to cover. If they truly were Analyst, why would they downgrade AFTER the fact, unless ……?

    Go longs, I started buying yesterday too and probably double on any dips.

    And a very Merry Christmas to you too.

    Sentiment: Strong Buy

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