halevay: "aren't you the dooosh bag who told everyone to buy once it dipped below 90?"
tomasvalentineiii: "yup i did say that..."
me: Well, tomasvalentineiii, at least you know your name. (i.e., "dooosh bag") :-)
"This is last week's news. It was announced last week."
The original news, which was last week, related to an offering of $350 million. Today's news, which was released 'today', was an addendum advising that the offering was increased to $450 million........
"DENVER, July 15, 2014 /PRNewswire/ --Triangle Petroleum Corporation ("Triangle" or the "Company") (NYSE MKT: TPLM) announces today that Triangle USA Petroleum Corporation ("TUSA"), the Company's wholly-owned E&P subsidiary, has priced a private placement of $450 million aggregate principal amount of 6.75% senior unsecured notes due 2022 ("Notes"). The Notes were sold at par. The size of the offering was increased to $450 million from the previously announced $350 million due to high demand. The Notes offering is expected to close on July 18, 2014, subject to customary closing conditions.
TUSA intends to use the net proceeds from the Notes offering to pay down its second lien credit facility, to reimburse Triangle for capital contributions to TUSA in connection with closing the acquisitions of Williston Basin properties previously announced on May 14, 2014, to repay outstanding debt under TUSA's senior credit facility, and for other general corporate purposes."
......i.e., high volume, in addition to trending down.
Can anyone offer a clue? Not really interested in SD. Just noting that both stocks have been sliding. Almost matching volume today.
"I'm sensing that we've hit a low."
Well, for the day maybe. Truth is though, we've been trending down lately. We hit 7.50 on July 2nd.
"RADNOR, Pa., July 10, 2014 (GLOBE NEWSWIRE) -- Penn Virginia Corporation (PVA) today announced that it has entered into a definitive agreement to acquire approximately 13,125 (11,660 net) Eagle Ford Shale acres in Lavaca County, Texas for approximately $45 million, of which approximately $34 million will be paid at closing and the balance of approximately $11 million will be paid over time as a drilling carry. The sale is expected to close in August 2014 and is subject to customary closing conditions.
The transaction, combined with recent leasing, will bring our total Eagle Ford Shale acreage position to approximately 142,500 (101,800 net) acres. The acquired acreage is adjacent to our Shiner area and is estimated to contain approximately 150 gross potential drilling locations, most of which we expect will be prospective in the Upper Eagle Ford Shale."
"It's always .50 or so because that is the predatory money--those traders who chase money like flies chase fecal matter. We can never hide from these guys--though, with time, we will attract serious "investor" money, akin to the money invested by longs on this board."
I don't quite understand what you're saying. Whether we are traders (me), longs (you), etc., we are all playing the market for one reason, to make money. Does being a long make you a better person than me, who happens to be a trader?
Remember one thing: No matter how we- -the little guys- -play the market, we'll always be up against the big guys, the manipulators, the insiders. I'm a trader and love playing various stocks as such. I've been very successful and I hope you and the other longs here are as well.
" Think about it hard. I am a long in this stock."
The only thing 'hard' is the hardening of the arteries in your brain. You're asking us to think about it hard and that you're long this stock. Have YOU thought about it hard? Obviously, more states will be legalizing marijuana for recreational use. Having said that, why are YOU holding???
Truth is, you're short.....
"Akashi DMD drug candidate Fast Tracked • 7:57 AM
The FDA grants Fast Track designation to Akashi Therapeutics' lead product candidate HT-100 (delayed-release halofuginone) as a potential treatment to reduce fibrosis and inflammation and promote healthy muscle regeneration in boys with Duchenne Muscular Dystrophy (DMD). The agency has also designated HT-100 an Orphan Drug. The product candidate is currently being evaluated in a Phase 1b/2a clinical trial.
Related tickers: (PTCT) (SRPT) (RNA)"
"RADNOR, Pa., July 2, 2014 (GLOBE NEWSWIRE) -- Penn Virginia Corporation (PVA) today announced that it will release its second quarter 2014 results after the market closes on Wednesday, July 30, 2014 and hold a conference call / webcast on Thursday, July 31, 2014 at 10:00 a.m. ET.
The full text of the second quarter earnings release and a link to the webcast will be available at PVA's website and through other electronic business news services. You can participate in the conference call by phone or via the Internet."
The following line was from a piece this past March when Soros increased his stake in PVA to 9.18%:
"Soros Fund Management believes that the company “has been very well managed” and “the financial incentives for its management team should be enhanced.” :-)
"Moody's changes Magnum Hunter's outlook to stable, affirms B3 CFR
Global Credit Research - 25 Jun 2014
Approximately $600 million of rated debt affected
New York, June 25, 2014 -- Moody's Investors Service (Moody's) changed Magnum Hunter Resources Corporation's (MHR) rating outlook to stable from negative and upgraded the company's Speculative Grade Liquidity Rating to SGL-3 from SGL-4. At the same time Moody's affirmed MHR's B3 Corporate Family Rating (CFR), B3-PD Probability of Default Rating (PDR) and Caa1 senior unsecured note rating.
"The outlook change reflects improved liquidity and production visibility through 2015," commented Sajjad Alam, Moody's Analyst. "Although recent debt repayments with equity and asset sales proceeds have improved MHR's leverage metrics, ongoing capital discipline, focus on production and non-core asset divestitures will be keys to maintaining a stable credit profile."
"Today should be interesting to see how much we recover"
Hopefully, we'll recover, as opposed to a continued sector decline.......
You wonder too much, hair brain. Play today's game. Anyway, go a Google search if you're so interested in HK's history.