ITS going to take more then a few whacked out shorts and paid for press to destroy the oil markets in the USA. Solar and wind are not going to give the utilities enough power. Its a matter of timing the bottom for most. We are closer to the bottom then the top and people stand to make a lot of money here. Today should be interesting
Why wouldn't we? Why pay our enemies ? OPEC lead by Venezuela Middle East and people who have raped us for years. Most the Republicans think he has not done any thing being to stupid to actually understand his generous genius . He kicks Russia and the OPEC members $%^&*()-. Now we trade oil with Mexico and gain a market. Increasing the macro some but relieving bottle oil here and helping our American situation. GENIOUS
Private equity, multi-year lows –finding value
However, even bigger positive developments could be on the way which could fuel another rally. Despite the 70% (august) rally, the company's shares are still down 65% on a year-to-date basis while SPDR Oil & Gas Exploration & Production ETF has fallen by 17% in the same period. The next major catalyst for upside could be the sale of Magnum Hunter's 45% stake in Eureka Hunter, owns TransTex Hunter, which provides gas treating and processing services, and 175-mile gas pipeline and gathering system in southeastern Ohio and northern West Virginia. The deal could be a game changer for Magnum Hunter as it will allow the company to generate proceeds of between $460 million and $600 million, significantly improving its financial health and removing all liquidity concerns. The company has said that it is already negotiating a deal with a number of third parties, so an announcement will likely come soon. For this reason, I believe Magnum Hunter remains an interesting speculative play.
BUT then again The North Dakota OIL just got a huge market. This may add a little to the whole world macro of oil ((((BUT))))) it solves the problem in the US having ((( no MARKET)))))... He didn't tell you that the day the hit piece for money came out. These shorts will twist any thing to make more money. They have the press in their pocket. They want you to believe there are a ton of longs ready to sell when the shorts and bears know they must exit soon.
as much as 100,000 barrels of U.S. crude oil per day will go to Mexico for refining into the nation. The deal requires Mexico to refine the crude oil at home and forbids re-export to other nations. Big win.
•Oasis Petroleum will remain profitable even at low oil prices.
•OAS has the year's production hedged.
•Operating margin will be OK and the bashers/press talk about high cost per barrel with all cost associated. They have no clue what it actually cost. Most companies can cut high cost assets , rigs , land, operations and organize. I have seen many companies scale down. This is coiled and the next good run you will want to own a lot of these shares.
By the way I won't say this is better ran and fundamentals blow CRK away on the crk board. Instead I say buy both. I held crk with the 70% run and added more on the pull back. I anticipate a huge run here also. Your achicken if you don't add just a few. I sold two other oil stocks to buy this one.
I have a #$%$ load as crk is very close to the same shorts and ownership. This was a must buy as the market cap is less positive to the bottom line here. Look at the income statement....... Look at the asset growth and income. Have plenty of both. Fundamentals matter.
I have plenty of both. Look at mxc also. Mxc is unknown and insiders are buying. Oil is down a little more but I am expecting the support to hold here. I have added about three times here. The trend is up against oil dropping. A huge positive move here
This is way out of the ordinary. The only other stock in oil close is BBG. CRK could be extraordinarily good to the longs having 42% shorts. It has a 13 dollar book and ready for the next leg up. Its just waiting for oil to have another run . % of Float Held by Institutional & Mutual Fund Owners: 122%
Number of Institutions Holding Shares: 200 Any good news with oil again and have another tremendous day.
I had approach for a long time. It is a good buy. I lost my +&$&- and sold out. That stock should not have kept going down. I am scared of it now. I don't get that one.
Same 110 institutions ownership...... The company is in better shape and could have the same squeeze.... It has not developed yet as the stock is not followed. Analyst just upgraded the stock. Interest and volume is sure to follow. If this goes up much more the attention will have to be better at BBG. It could copy this run exactly. We could have another winner
Most analyst think its going up also. I think it will be 65 by year end also. Oil will most likely top between 65 and 70. 100. Dollar oil days are over I think. Unless shorts are stupid enough to short it all the way down with institutions owningb112 %%%%... Ha ha. CRK is not going to follow oil exactly now that shorts distorted the markets with their shorts. The only supply demand issue her is the no supply of shares and false demand created by shorts. Hold tight boys this is getting better.
I did that about 6 years ago on a 2.5 doolar stock. I put in 3.5 instead of 2.5... I double check now. I bet we close above 3 today. It's time for the shorts to panic again. It's not selling off.
Sentiment: Strong Buy