I would be careful with the facts posted here. We are all still together sharing what we think are hot buys and bragging a little when we hit. Most of use are learning from each other.
I've thought about this and I think it has to be a transportation issue. Most everyone would have the same production cost and other seems to be unlimitted oil in the backend. That's my thought on why Bakken companies are getting hurt more than other oils.
As this stock reaches the bottom there is less risk long term. I feel that we were at the bottom Friday and bought some. That said I thought the bottom was at $31 and change. You should be able make money at level on the divvy alone. This drop should have stopped in low $30s, but we have had one panic sell off after another on little bits of perceived bad news. Any good news will cause a spike up. With no news it should move up at a steady rate. Never ever buy are sell on MB opinions. I am a trader not an investor. This is all just my opinion.
There was a time not long ago when this message board had two or three topics and a ton of his ignored post. You could not carry on a conversation without running through pages of his junk. That is how he violated my rights, rudeness is never defensible. You don't need to ignore me. I only visit once or twice a month. I don't think that I'm alone in feeling this way. Just count the thumbs.
Your post seems reflect what in my opinion is wrong with our country today. "Just ignore deviant behaviors and please don't get him fired up are he will explode into a retaliatory mode" and this deviant behavior will be all my fault. He does have a right to express himself, but to excuse his self centered down right rude abuse the privilege to post is an enabling behavior making those who excuse his actions guilty also. VLO mb members have rights that he ignores. Just my self centered opinion.
I was told that he had left this MB and that things were much the same as they were before he polluted it, but I see by all the ignores, he is still here. It takes a sick mind to thrive on negative reinforcement. He is the most hated person on any board that I have seen. Just my honest opinion.q
Hey rat, I have not been on this board since the buy out talk, my question is specific to Bakken companies. They seem to be hurting more than others.
All MBs have a few active bashers, but this one has many more and they are the most creative that I have seen. That creativity tends to expose their motives for posting because their post are so unbelievable.
Right after I bought my half load there was almost 800 K volume and there was the big drop. Volume has come in spikes lately. Volume has settled down and we or on our way up.
Don't zap me now, but I'm betting that we are near the bottom. I bought a small load at 30.21 this morning and I think I'll get a dollar per share before weeks end. This is the same company that it was before the conf. call. Russia is a problem an oil is a problem, but the panic is over and the shorts should have covered buy now.