LINE is not going to 0......Go long and you will not be sorry owning LINE. They should declare their distribution for January this coming week so a lot hinges on what they are prepared to distribute to share holders then. Oil will not stay down at the levels it is now. OPEC will restrict their output somewhat to keep the price from going down any further and if the members agree then cutting more output will put Oil back up gradually.
The GECF met in Qatari Capital Doha on Tuesday to discuss dealing with the low cost of Natural Gas and how to get prices back up. Russia is a member country of this forum as well as other Middle-East and south American countries. Similar to OPEC but dealing with Natural Gas. This may signal a meeting by OPEC in the very near future as well to deal with the falling price of Oil. Russia is hurting badly with the falling price of oil and their currency. Inflation in prices is nearing 25% already on certain products.
Sentiment: Strong Buy
I am forecasting that OPEC will call an emergency meeting in January and announce that they will curtail
oil production to get the price back up. This has happened in the past and history repeats itself every time.
The Board just declared a 25 cent / share dividend payable on or about August 29. Usually it takes a few days for it to get into your account due to foreign transfers of funds to pay it. Hope this helps.
I really think Cramer has his head up the Y. This REIT has a book value of $26+ and it will stop going down if these shorts stop poo-pooing the stock without factual justification. Reminds me of LINE energy a while back. First one day he is touting a buy rating then the next week, sell. Don't trust his opinion anymore. Same with NAT.....he had the CEO on his show numerous times over the years and made statements about how good this company was. I lost a ton because of his recommendation. NO more. I am long AGNC.
You are probably right. NYCB always dips right after paying a dividend. Look at the charts with the event on
dividends. I am waiting to buy at a lower price to add to my portfolio too.
Reports from the ( previously Nuclear Power) companies using imported Natural gas to produce electricity are
losing money and are pressuring the government to revert to using Nuclear power. This will impact URRE and others similar to them.
It's my understanding that we will receive the shares when they get approval to list NAO on the NYSE.
It is still in progress.
You're right, this is a good buying opportunity on this stock. I just wish I could buy more at this price.
I bought about at the close today. This company is hedged on most of it's product for the foreseeable future and
it is still depressed a little until the recent purchase and merger of BRY into it's fold. I feel comfortable with this one and am long.
Her interests are making sure the Board does what she wants. She and the officers of this company are very richly over compensated for their performance for the shareholders. I would sell but, have such huge losses since I purchased that I am stuck. Fire the board or do not cast any vote for them on the next election.
If anyone listens to Cramer they are saps. This guy touted NAT so much knowing full well that the tanker market was slowing down. He had the CEO of this company on his show numerous times.
Then all of a sudden he says SELL!. I do not put any credence in what he says anymore. As far as LINE goes, they are hedged on most of their product for years to come. I am getting good distributions and plan on holding for a long time.
Must be nice getting 30,000 shares of FTR awarded just for hiring on at FTR. I still am adamant that the board needs to reign in this excessive compensation when their performance does not merit it. If it takes changing the contracts of these individuals then so be it.