look like you just took a 20% drop in the #$%$. hows that working for you?
maybe you should stick with flinging poo rather than "investing" in pieces of #$%$.
I'm guessing you probably own BBRY too.
big spring is an old tin can, but the shining jewel for alj. the rest of their junk is in California. one fart in big springs, wrecks aldw pps and annihilates alj's earnings.
*AHEM* closed today at 13.35 *COUGH*, if doesn't hold, its dropping back to 12.60's *WHEEZE GASP CHOKE*
no, inbred mouthbreathing rimtardians will NOT let that happen. thats impossible not going to happen.
3 bucks is more like it.
are you kidding? Seeking Alpha, Motley Fool, and the Street are the best feeds EVER! They experts are Nobel winners and all went to Harvard and Oxford. I think Warren Buffet and Ben Bernanke actually call them for advice.
56/36 = 1.555
or 56% over existing share price
fundamentally I do not see how that's possible given current and (what I see) as future conditions.
All it takes is one economic fart and the entire sector will get crushed.
Take a look up the run up in mid 2000s before the little refiners, or true plays, got smited by the mr. market.
From 2008 to 2012, the stock traded between 5 and 20 bucks. its only until the shale play really got legs that wnr, and the rest of the sector got legs.
I cant go 5 years with a 50% loss
Again all it takes is shrink in the cracks, which will happen imo once the pipleline goes live and additional infrasctructure or transportation, such as rail come online to crush the earnings power.
yes im being negative, but i see more negatives than positives.
but ive been wrong many times before.
NH is the resident expert here anyways. I wouldn't listen to my own rubbish.
its real simple slapnuts. the refiners that will be receiving additional crude via the new pipeline and will use more feed stock going out of cushing than coming in.
add Iran flooding the international market with crude and spread will tighten.
on the flip side you can almost buy this at its secondary price.