Components of company have changed. Big change came when they(RTK) announced the wood chip company acquisition. Added diversification of income stream .This was a positive development that will add benefits for years to come, that will not benefit (RNF).
Volume should spike if short sellers really believe in their thesis, likewise longs would drive up price if they believed theirs. Nobody seems to to believe much either way. So please drive the stock down.
diminished features to drive margins in developing markets , wait and see
I don't think there is any number that will make the shorts capitulate. If it is better than expected they will short more citing "first new introduction of product, makes future quarters lag after initial pop in interest then followed by retuning the device, due to lack of app's. BBRY does not have to beat Apple, Samsung or others. They just have to incrementally do better against past qtrs.
wish it was a trade I had made . Oh well time will tell .Nat gas now down to 3.75 might help out margins going into 3-4th qtr.
Moved 1st qtr to previous 4th qtr- to save on taxes. Now notice no dividend announcement for 2nd qtr , very serious doubts about a good number being posted for 2nd qtr, so GLTA
If a company cannot manage a simple press release to announce an upcoming earnings date, that is just lame, and I understand lack of faith on behalf of shareholders.
Gryphon- he got you. Yes it has been a good short from 49. but it was a good run from 22 to that 49. What will be the next big move- I have no clue. But I will take my dividends over the year, reinvest them and bbq some good corn.We will see if Hunt has any update on the 26th this month. GLTA. PS he probably works for Zack's.:)
Nat gas broke below 3.90$ looks like inventories rising next couple months. Prices might move lower still.
Weekly Natural Gas Storage Report
for week ending May 31, 2013. | Released: June 6, 2013 at 10:30 a.m. | Next Release: June 13, 2013
Working gas in underground storage, lower 48 states Summary text CSV JSN
billion cubic feet (Bcf) Year ago
(05/31/12) 5-Year average
Region 05/31/13 05/24/13 change (Bcf) % change (Bcf) % change
East 968 910 58 1,358 -28.7 1,074 -9.9
West 396 380 16 421 -5.9 349 13.5
Producing 888 851 37 1,089 -18.5 898 -1.1
Salt 254 243 11 260 -2.3 169 50.3
Nonsalt 634 608 26 829 -23.5 729 -13.0
Total 2,252 2,141 111 2,868 -21.5 2,321 -3.0
Working gas in storage was 2,252 Bcf as of Friday, May 31, 2013, according to EIA estimates. This represents a net increase of 111 Bcf from the previous week. Stocks were 616 Bcf less than last year at this time and 69 Bcf below the 5-year average of 2,321 Bcf. In the East Region, stocks were 106 Bcf below the 5-year average following net injections of 58 Bcf. Stocks in the Producing Region were 10 Bcf below the 5-year average of 898 Bcf after a net injection of 37 Bcf. Stocks in the West Region were 47 Bcf above the 5-year average after a net addition of 16 Bcf. At 2,252 Bcf, total working gas is within the 5-year historical range.
Note: The shaded area indicates the range between the historical minimum and maximum values for the weekly series from 2008 through 2012.
Source: Form EIA-912, "Weekly Underground Natural Gas Storage Report." The dashed vertical lines indicate current and year-ago weekly periods.
With the general market in free fall, covered short positions without moving into any kind of squeeze, because market kept up long selling into bad market. This is why there will be no huge squeeze in this company.IMHO
from past CC's NG costs are aprox 70%.. The lions share of input costs. So based on 4$ gas, costs have increased by 8.1% over last year. and prices have risen bye 3-5%. Could be a wash for the year. Maybe some clarity on June conference dates.