I have followed the oil patch for many, many years. I have never seen the glut of supply we currently have, COMBINED with continued drilling by American oil companies. For this reason, you are going lower. Most likely, much lower.....
Now the walk down continues today. The problem you folks have is that oil production has not slowed down anywhere near enough. So there is a glut the likes I haven't seen in my 40 years of covering the oil patch. So, what that mean in a nutshell is you are going much lower. Sorry.
No need to be uncivilized about this. We can walk this lower without acting like shoe shines.
We rate SWIFT ENERGY CO (SFY) a SELL. This is driven by a number of negative factors, which we believe should have a greater impact than any strengths, and could make it more difficult for investors to achieve positive results compared to most of the stocks we cover. The company's weaknesses can be seen in multiple areas, such as its deteriorating net income, disappointing return on equity, generally high debt management risk, generally disappointing historical performance in the stock itself and feeble growth in its earnings per share."
Now, let's keep it civilized. The walk down continues. We are soon to walk this down to a new 52 week low. Can you understand that? Good.
Can you understand me? We will be walking you down. You haven't even begun to see the lows of 2015. Sorry, but this is the reality. We are going to be throwing a bunch of 'fire-power' at lowering SFY this week. Watch and learn....
Exciting stuff. Now if you come to this board again, with your nonsense, I will track you down and make sure you receive a throat punch.
Now some Quiet Riot---Party All Night-yeah all night long....
Now some Pink:
I'm coming out so you better get the Party started....
Let's continue the Party Folks!!!
Some Beastie Boys:
I'm gonna FIGHT for my right to PARRRRRTY!!!
Now, I thought it would maybe happen a little later in the day. But it is all good. Time to PARTY, folks!
Happy Days Are Here, Are Here Again
Let's Bring SFY Back Down Again
So Let's Sing A Song Of Cheer Again
Happy Days Are Here Again
All Together Shout It Now
There's No One Who Can Doubt It Now
So Let's Tell The World About It Now
Happy Days Are Here Again
@kel---there is a small chance it will happen around 12:30 Eastern Time, this afternoon. If not then, not many days from now.
So, please, free up your calendars and be sure to attend....
Now, folks, we are going to continue the walk-down. You bottom dweller, keep trying to 'catch' the bottom. It will be the death of you, yet. Nothing good for you dwells at the bottom. Just the bottom of the food chain.
Now listen to me folks. It is tragic, truly tragic what has happened to your stock and your portfolios. Now, it didn't need to be this way. I told you months ago that we were entering a oil patch Great Depression. You yelled and screamed like babies. Called me names. Took your ball and went home. All that. But, the thing many of you didn't do was sell. Cardinal Sin#1. Not willing to take the loss. You must ALWAYS be willing to take a loss. Sometimes the best gains you will make is the losses you take. Taking a 'smart' loss take discipline and the ability to swallow your pride and admit you were wrong. Many can't do that. That is why you find yourself in this mess. It IS going to get worse, folks...
Hey, there you are---this HLap5 guy I have been hearing about!!! Now listen to me carefully. What the heck is wrong with you? Seriously. Can you please knock it off? I have taken thousands of dollars from you. Yet, I hear you are still trying to convince some people to buy. How do you sleep at night. Disgusting. It is time you sell, cut your losses, admit this 'game' isn't for you, and get on with your life. However pathetic it may be. Do you understand me?
Who is this HLAP5 guy? Where do you see one of his posts? I need to talk to him.