Hard to say. The whole group is sinking. Look at apu. I think they are going down for the wrong reasons.
Prices of oil/gas and related products are almost at historic lows. I think this benfits the retailers (just like gas: slow going down when oil goes down, and fast going up when oil prices go up). I would be a buyer here @35, with a 10% doivi, not bad
This character chkinsider may either be hallucinating or throwing garbage for those who can catch it. Is there a way to verify some of his claims?
When I sold this POS @5, I was mobbed by some of these yo-yos ridiculing my decision. I think that most of these "experts" are in red ink, but you would never know it by the way they brag. Good decision!
Never sell on weakness. I have never seen energy stocks go down on excess production before, which tells me this is unusual and will not last.
I caught a falling knife, but not many shares, so I lucked out. I think NGL is no different than any of the other stocks in the oil/gas patch. They are all lower because of the glut with oil and gas. If you are in it for the long term this is the time to get in, not only for the dividend but for growth. I see many of them laying off and shutting down rigs. Any of these stocks were 100% higher about a year ago, and they will get there again once oil goes to $60-70. Just have patience. JMHO.
The $379M bungle was the straw that broke the camel's back, and I don't consider Mgmt great under those circumstances. The reality is that the shorts have been (and still are) having a field day with the stock. Icahn must be having nightmares at this point!
I hate to say it, but losing $379M on a time lapse for bond repayment is baaaaad business. You have a Board that is either incompetent or stupid. The 187M shorts smell blood and are bringing in the meat. My guess is that CHK will come back up when Icahn and Co decide to step in.
Not a well run business IMO. Icahn and others will step in and make changes to the Board. They have a large stake and will not allow this to go on. CHK is a classic turn around, and I'm betting that the big boys are leading up for a kill
"Remember Dec 02, 2001..............."
Yes, I remember!!!
That's when the town voted you 'THE VILLAGE IDIOT"....and 5 stars to go with it.
I know this is tragic about ONVO pushing more paper and driving the pps into the pits at the expense of many naive investors who bought that paper, but on a humorous note, some of you guys deserve what you are getting, just by what you say.