PGH is not exactly alone on that thought, so I guess the entire oil industry is simply a matter of bad management and they all should have offloaded their assets to who exactly?
Who sits on a blather board when you don't own the stock? You're just hear to tell us, I told you so? Personally if I wasn't Short, not sure I see the point in time spent. Not really sure if anyone has been a major 'pumper' but I remain in the stock and think it's worth far more than this price for sure. I guess that makes me a 'pumper'. In the words of the esteemed Donald, you're an idiot.
Not 100% sure what that means except perhaps you are Short? I am definitely good with it ad maybe even buy an aluminum F-150 with my profits when it's all said and done. It's truly hard to make an argument that commodity stocks aren't washed out.
You make a lot of money buying it right now, not sure you ever see your $9 and probably you are more likely to miss out completely.
They are going to break out the money they are losing on all their hair brained side ventures. Where making less is better, how can that be bad?
I'd say you're wrong on that analysis. I have NUMEROUS oil stocks, NUMEROUS meaning more than 30 and EVERYONE of them has been mercilessly pounded (albeit some just plain pounded). But I listened to a very well respected oil field expert who predicts whether it was 3 months from April or 2 years from April, the price of oil is going back up, maybe not sharply but significantly. I think you can take his prognosis to the bank. Or maybe you just take all of your money and buy GOOG or whatever bs symbol Ren and Stempy are going to have it trade under next. My only hope is when the next Naz bubble pops and the TSLAs and AMZNs that literally make NO MONEY go down 75%, they don't take the rest of the market down partially with them. That Naz money-losers bubble popping like oil popping, I think you can take to the bank, not a matter of if but simply a matter of when.
more like you can only beat a breathing company down so far. Unfortunately there still may be another retest of the low
Not sure it takes a brain surgeon to look at health food companies. Report looked okay to me and still growing. I think it's the WFM tail wind efffect
This market is still going down, I wouldn't get too excited yet. Would be nice if the low is already in but a lot of those are getting retested.
I think a $1 handle is not that far off either. Discounting future earnings gets you a big $0, so clearly a lot of free air below. Of course, you'd be a fool to short a cult stock like this where earings are generally considered irrelevant
well be ready to see the price drop back down again as that is the likely result if they announce never for sale, no way, now how.
as long as Iran exists, the price of Oil could go to $100 plus in a flash. Amazing there isn't a bigger Middle East premium already as it just seems a matter of time before something goes really wrong over there. Realistically things have already gone real wrong over there but give ISIS time to make that more apparent.