It's all a scam i guess with these derivatives.. Horrible investment over the past year I get it.. So the NAV will continue to drop to $4?.. well maybe $2.. or maybe $1.. At what point does this toxic instrument stop bleeding? Is it due to the elusive rising interest that never happened? So I'm in for a trade at an avg cost of $6.55 for me it's not an investment I'm looking to get out just to break even as I'm done with these fleecing derivatives.. makes me wonder who bought these above $8 for the past 5 years? Unsuspecting foolish retail investors?.. professional institutional investors that were not as smart as you?
We are now at a 10.54% discount.. not enough discount?..
NAV meaningless at this point why bother having one?..
$5.77 $6.45 -10.54%
As of 9/1/2015
Price NAV Premium/
Current $6.62 $6.42 3.12%
52 Wk Avg $8.29 $7.44 11.23%
52 Wk High $9.70 $8.34 17.98%
52 Wk Low $6.21 $6.33 -4.16%
Lets what it states after 5pm..
When did your $4.80- $4.60 valuation come to light? Just recently or while it was trading above $9?.. Anyone one else care to venture another opinion on this valuation?.. I'm in over my head on this derivative type of investment as I only have a few shares thankfully.. Find it difficult that this can lose almost half it's value in such a short period of time because interest rates are supposed to go higher but never does? did they start buying oil properties?
.98 was the low.. below that was pre-market before PGH opened at around 9:35 am.. wished I could have added at $.99 cents..
We lost almost half the market cap since last year.. Does the recent deals and earnings truly warrant the company losing almost half it's value in a year?.. They still own hard assets don't they?.. What are the assets worth?..
all mREITS are at 10 year lows also.. the markets are a scheme to steal money from unsuspecting shareholders..
It appears that most REITs in the markets are basically scams for management's profit.. total wealth destruction for shareholders...
Obuma and his wife burn more fossil fuel than you can imagine and a lot of it is unnecessary..
One word hedges... in 2014, 2015, 2016 and now some in 2017.. The question is can oil rebound before those hedges wind down?
You can lose your entire investments with company's like SD, HK, XCO, SFY, KEG, MILL, EXXI, MHR, MPO. WRES, ENRJ. EOX.. etc.. etc.. etc.. All extreme Speculation plays including UWTI..
Added a little more at $.73 cents.. Avg cost now $.90 cents.. how long can Oil stay in the $30's?.. Don't know it's a casino play with expendable speculative cash.. GL!..
buying contracts?.. options?.. Futures contracts?.. not sure what you are advising the avg retail investors to do..
AEterna Zentaris (NASDAQ:AEZS) had its price objective trimmed by HC Wainwright from $1.25 to $1.00 in a research note released on Tuesday, ARN reports. The brokerage currently has a buy rating on the biopharmaceutical company’s stock.
Several other analysts also recently commented on the stock. Canaccord Genuity began coverage on shares of AEterna Zentaris in a report on Monday. They issued a hold rating for the company. Maxim Group reaffirmed a buy rating and set a $2.00 price target on shares of AEterna Zentaris in a report on Tuesday, July 28th. Finally, Zacks reiterated a strong-buy rating and set a $0.75 price objective on shares of AEterna Zentaris in a research report on Wednesday, May 6th.
Why risk holding for $.79 cents when selling at any price guarantees an immediate profit, that the sense I'm getting from this distressed inept financing.. I'm done with these spec plays as the common is always last in line and is always abused..
There's a long list of ETF's including VDE, XLE, IXC, OIH, IPW, IYE, FILL and GNR just to name a few.. They are also paying a decent dividend.. I will add to my ETF's for a long term hold and trade a few shares if we get a decent near term bounce..
Not so much a sound investment but you're gambling with UWTI basically.. There's no sign for an Oil turnaround in the very short term so it doesn't look too good at that avg cost.. Oil will rebound at some point just from the extreme selloff standpoint.. I started a very small position at $1.07 and will add a little on Monday to bring my cost down to around $.95 cents if I can.. This is a casino play for me not an investment, I'm buying Oil ETF's as an investment..