Thanks, if oil gets another run into the seventies, they will hedge as much of 2016 as they need to. With geopolitical factors changing minute by minute the price of oil could spike well into the seventies. Just my opinion.
Not to be argumentative, but aren't most E&Ps hedged through 2015. Do you know the price per barrel that it is hedged?
I think the general market is holding us back. $2.50 up and slow moves has to be externals holding us up
It's nice to see someone does read this board. Maybe we can get some topics running. There is so little information shared. I think I can blame you for my two $11 subs. You mentioned that it was a good trading stock, I made a nice profit on two trades and the earnings came out. I need $9.09 to get a $,50 acorn on my low load. Might get it today.
Oil is up $1.50 and rising. We are backing down to price at the open. I know there is always a lag time from stimulus to response but we should be moving to $9+ now.
Trading was really slow early today and it looked like we might make nice run then all of a sudden we are up to almost half the daily volume and we are hung at $4.34. I really wish I knew who jumped in. Maybe the shorts are busy.
Most of the time analyst news is old news when it comes to the price of a stock. Oil will tell us how to trade.
Just scrolling down the topics and I could not find one topic that i could say was posted by someone that owned this or any other stock. If you own Nabors, please post something about it so that I will ignore all the rest.
It looks strange seeing it as a dollar plus now with new money. What did it take 20:1?
After looking at the last two number of shares shorted, I agree, the shorts are doing their thing. Over 10,000,000 shares shorted the two reports. The new numbers for March should tell us something.
I agree for no reason she hung tough closing each day close to where it started when others were taking a beating. Oil seems to be retreating so maybe that will be the catalyst we need.