growth is slowing dramatically. owning this on margin is foolish, don't be greedy. The set up looks ALOT like 2012. I would be very careful here, especially with margin. probably just bangs around 110-130 for several months. the big $$ is already made.
this is vegas, no need to go anywhere. Could double or triple in a year, could easily go to zero. are you ready to gamble???
yes, now with no divvie too more funds need to sell. also many cannot own stocks under 5 (4?) so more selling. the problem is the forced selling can lead to a self fulfilling death spiral. low pps means creditors run scared and this heavily leveraged company loses access to capital markets and then it is over....
may break down to 110 but that is the downside, upside is 130-140 eoy. ho hum, not that exciting either way. just hold and don't worry too much, you missed the sell opportunity a few weeks ago so just roll with it now
patience, no need to rush in tomorrow. I am buying more too but I do think we get some sub 120 days in the next few months. They need to show more watch numbers and rev up the aapl car thing before this flys again.
if i can ditch my phone and wallet sign me up for a watch....we aren't there yet but this is where we are going.
computers are better made so they last longer.....well and the phones of course
Dude, horse and buggy sales are down too, get a grip
share count is not the problem it is market cap. But the PE is so low AAPL has some decent upside left and many new avenues of growth. Besides they are buying back shares hand over fist. Don't worry, stay long
no it is not....but the analogy is a good one. Oil is not nat gas or solar either. Offshore oil is expensive to recover, onshore much much cheaper.
Hardly stupid, the observation is quite astute. Market is rotating out of oil and chasing the hot money in tech, biotech, banks etc. Don't need to buy today but at some point 6-12 months out this is the sector to be in. Watch, wait and be ready to buy.
no they are very wise, they peeled off this asset at a peak and dumped shares all the way down while lying to retail investors the whole way down. Pumpers are gone now btw.....probably because it is about time to buy.
Blood is in the streets, fear is all over the LINE and LNCO message board. But......look at the analyst estimates going forward, they are all being revised higher now that oil has stabilized.
That said don't try to catch a falling knife, wait for a the rebound to start before you start buying. like not today, but soon.
all you say is true, this why it is under $10....going forward however this could end up being a great time to be buying SDRL. Some now, maybe some more if it really goes down (4-7), but one day it will be back to 30+