THE MILITARY ACTION IS TO PROTECT THE OIL FOR THE WESTERN OIL COMPANY'S. The administration doesn't give a damn about people. IT'S ABOUT OIL.
There are many GREAT dividend plays. Nadl is just one of them and that's under a lot of pressure. Today I vcan buy a perferred that pays 8% with no worries.
nadl only pays 24 cents. You lost over 6 months of dividends just today alone. Not a smart play.
What it means is VNR like many company's NEVER PAY OFF THE LOAN. They just roll it over and over or float more preferred. This appears to be common practice these days whether it is preferred or senior notes.
These corps are taking on too damn much debt because rates are artifically kept low and many are even borrowing money to buy back their stock.
Why am I not surprised at this. Something very wrong with VNR that it had to issue so much preferred stock over the last year.
I don't have a warm feeling about this company anymore. Thank my lucky stars I S%$#canned my position in the common and kept the perferred.
Sentiment: Strong Sell
So what. Timing is everything. I posted weeks ago that the US government would take the price of oil down to prevent Putin from receiving a high price for his oil. It has started and it will continue to go down.
Now you can hold the stock if you wish, but they juist paid their divvy and you won't see one for 3 more months while the stock is going down.
I sold out at opening on Thursday, the ex-diivy day. I suspect I will see much lower prices for NADL.
Isheeple is the reason. It's why Steve Jobs inserted an I for use in all his products ( ipad,imac,iphone). I stood for idiots.
No sense holding on to a weak stock when you can move the funds to stocks that are stronger. I don't see this coming back for quite some time and it may just continue drifting down ...down...down.
No. That probably won't happen. The stock price has to burn off the moonshot from yesterday. It was too far above its upper bollinger band.
Just let it correct out of a minor overbought position. Maybe $10.50.
Oil is being brought down so putin gets a cheaper price for his oil compliments of the US administration. The US will do anything and everything to make Putin look bad.
Ukraine has no oil industry but will have after the european Central bank and the US gets finished with it. Then the big US oil company's as well as the ag companies will come in and steal all the oil and land wealth leaving the Ukraine people a wasteland.
The div is 21 cents. This POS is down 60 cents at this time. It finally caught up with VNR management that the last 2 quarters were a disaster for the stock and company. I suspect holding this stock is waiting for money to die.
I won't go tit for tat with you but let me repeat this. THE ADMINISTRATION IS BRINGING DOWN THE PRICE OF OIL TO DENY PUTIN HIGHER PRICES FOR HIS OIL.
And if you studied even recent history, the USA did the same thing with precious metals in the mid 80's denying the Soviet Union hard currency which accelerated the breakup of the country starting in 1989.
The Obama administration is bringing the price of oil down to deny Putin higher prices for his oil. This is just temporary and since NADL pays a good dividend, just wait it out. Many changes coming to Europe as she defy's the corrupt US sanctions. Europe would rather trade than go to war. Except for that AH country Belguim where Nato resides.
Many European country's depend on Russian trade for most of their GDP.
Doesn't matter what sand management buys, the stock is a dog and more sellers than buyers for a long time and that's why it will not recover.
I'm afraid SAND is a place where money goes to die.