To bad 30 bucks is not the stocks high of recent years...but yes they need to sell.
Wow...UBS is really going out on a limb by predicting 29 dollar share price... If the stock doesn't move well beyond 29 bucks in 12 months we need a new CEO...Mike "Big Bonus" Watford really needs to start earning at least some of the huge money he pays himself.
You are correct about the various columns written by a few managers at CLFD. If they can take the time to do that they can take some time to provide some information to shareholders. Guidance from small techs is a minefield, but sooner or later you have to be a grown up and start letting shareholders know where the company is trying to go and how business is fairing. With only one analysts trying to predict earnings the company is basically letting shareholders twist in the wind every quarter. No way to run a public company. I own some small oil/gas companies and they provide regular operational updates, good bad and indifferent.
CLFD stock does not appear to be recovering at all, despite the recent insider buying activity. I should add to my position at these levels, but the company really needs to try to position itself for a sale. Long term shareholders also deserve a lot more information from the CEO. At this point the only people that know anything about what is happening inside the company are the insiders. I think that is dirty pool and not appropriate for a public company. The CEO needs to have a conference call after each earnings release even if it is just for the benefit of retail shareholders.
Although I am in for the long haul, once again DEJ has given a lot of the run up back. I am looking to add more at 29 cents and lower. I will probably trade a potion of my position as the stock clearly cannot hold and the volatility seems to present the opportunities.
I am a buyer, but I do think we will revisit 29 cents and lower. DEJ has always retraced these one day bumps. The stock always gives it back. I have a bid in at 29 cents and I am confident it will fill.
I own a bunch of DEJ shares in addition to SSN. The big question on DEJ is when will one of these runs actually hold. Owning a few of these small O&G's is a nice way to hit a 10 bagger, but it can be a wild ride. You look back at KOG and others when you could buy all you wanted for under a buck.
I am thinking about selling a few shares and buying back around $0.275. Hate to be out of the stock because one of these days the run up will hold and I will be kicking myself.
I don't see the company getting bought out at this time. Too much reliance on natural gas and oil production is not anywhere near where it will be in a few years. Furthermore the overproducing Marcellus is turning into a loser for most of the companies involved. The CEOs in this sector missed the econ 101 classes on supply/demand...My hope is a merger with an oil company, possibly one nearby in the Uinta. Ultra has to get off the natural gas wagon to hell, even with the hope of increased exports just around the corner. The company can always ramp up natural gas production if exports actually pan out, but clearly oil gets a helluva lot more respect.
I hold KOG, WLL along with TPLM. I figure that KOG would be the first to go, but never dreamed that WLL would be the acquirer. Having said that, I guess I should not be surprised if WLL goes after TPLM. I also agree that there is probably some value to be gained if TPLM remains an independent for a while longer, but now that I understand the KOG situation TPLM may have an incentive to sell sooner rather than later. In any case it will be interesting to see things play out over the next year...or months...weeks?
Maybe not a flash in the pan, but CLFD certainly needs to be sold to larger outfit. Depending on a few customers is dangerous. The volatility just benefits traders.
Company needs to be sold. That is in the best interest of long term shareholders. EZ has proven that it remains a small fry, subject to all of the volatility that goes with it.
Yes, we have experienced these jumps and then a crash back to the starting point. Seems as though drilling operations are becoming more solid though.
This chart seems to indicate that the stock hit some sort of a bottom of Friday and today. I hope that is the case and we begin moving higher again.
I agree. WLL is sitting pretty for a major that has been shut out of the Bakken bonanza. Picking up WLL, the largest producer in this world class oil field would have to be a nice jewel for one of the big boys.
Dude, you screwed up royally. WLL's purchase of KOG is highway robbery and if it goes through I can only guess what WLL shares where trade this time next year.