I agree completely. I worked for a couple of primary dealers on wall street for 20+ years. Always in some form of mortgage backed securities. Michael Vranos has been among the smartest guy in that sector since he ran MBS trading at Kidder Peabody. To be able to partner up with him at a 10% or 12% discount to NAV is a gift. THank you sellers.
Hey Jerky boy….his prior price target was $28. I wasn't involved when some two bit nitwit analyst had a $35 price target. Laughable that you'd defend this.
By the way, the offering isn't neccessarily common stock. From the filing-The amount to be registered consists of up to $200,000,000 of an indeterminate amount of common stock, preferred stock, debt securities, warrants and/or units. They may choose to issue debt.
Great call. When you start listening to any analyst on any stock it's time to get off mommy's computer
It would be incredibly foolish to pay down debt. The capital markets are CLOSED to LINE at this time. They need to slash their dividend at least in half to remain viable. But paying down debt would be suicide.
Then you weren't listening. No one..AND I MEAN NO SMART INVESTOR, cared about the last quarter. The only thing that mattered on that conference call was what management had to say about cap-ex, balance sheet management and their view of how they steer the company should oil go to $60, or go to $50, etc. These guys are very good. They aren't managing their business based upon the day to day movement in their stock, nor should they.
the share price might be up another 40% or down 40% tomorrow. If one takes the time to listen to the conference call, understand that the credit facility was inked to $1 billion, understand that management is conservative in their balance sheet management, the stock is very cheap at these levels. Keep in mind that in sept TPLM traded in the $11 to $12 range.
Agreed. I could care a less what the stock does in the short term. I will continue buying lowe prices. Management is very smart, balance sheet is very strong. Others may not, but these guys will survive.
Conference call is going great. I love this stock despite the swoon. I'll wager that I've lost more today than your entire net worth. Pound sand loser.
loser. naysayer. i'd bet any amount of money that you aren't involved on either side. get off mommy's computer. go away
yesterday's news. completely irrelevant. all i care about is the conference call and management's outlook with oil down here. i remain long.
where'd you see the presentation slides? Not on the website yet.
Truthfiully that article was as useless as t_ts on a bull. Monday we will learn pretty much all we need to know. I will be on the call as will any serious investor. I could care a less if they beat or don't beat estimates. It will be all about how management will deal with $65 oil going forward. I expect good things.
DENVER, Nov. 24, 2014 /PRNewswire/ -- Triangle Petroleum Corporation ("Triangle" or the "Company") (NYSE MKT: TPLM) has scheduled the release of its third quarter fiscal year 2015 financial results before the open of trading on Monday, December 8, 2014.
Triangle Petroleum Corporation.
Triangle will host a conference call that morning at 8:30 AM MT (10:30 AM ET) to provide an operational update and discuss the financial results of Triangle's third quarter fiscal year 2015, followed immediately by a question and answer session. Triangle expects to file its quarterly report on Form 10-Q and issue a press release providing an operational update and financial results prior to the conference call. The press release will be available upon issuance on Triangle's homepage at www.trianglepetroleum.com.
Interested parties may dial-in using the conference call number (888) 347-6610. International parties may dial-in using (412) 902-4292. The Company recommends dialing into the conference call at least ten minutes before the scheduled start time. A live webcast of the conference call can be accessed by visiting the following link: http://www.videonewswire.com/event.asp?id=101123.
We'll know a lot more on monday. I could care a less what the last quarter looked like. WIth oil down here all I care about is what management thinks. I am optimistic given they upped the credit facility to $1 Billion. Idiots who suggest BK is near becaus the stock price is down should have taken a few finance course in college. Or at least finished high school.
DENVER, Nov. 24, 2014 /PRNewswire/ --Â Triangle Petroleum Corporation ("Triangle" or the "Company") (NYSE MKT: TPLM) has scheduled the release of its third quarter fiscal year 2015 financial results before the open of trading on Monday, December 8, 2014.
relax. I get it…you don't want to hear an opinion different from your own. You're long and therefore VERY wrong. I am too. Luckily I sold the majority of what I had in august. I like the company, I like management. I even bought back 10,000 shares yesterday before Global Hunter took a cr@p on the stock. I love the fact that the credit facilty was bumped to $1 billion. But this came up becuase someone was yakking about the value of Rock Pile. And anyway you look at it, it is worth substantially less today than it was several months ago.