The quarterly earnings report is due next week Chevron is going to show ANOTHER production decrease and mediocre earnings. The new oil find is like peeing in the ocean in order to change the temperature. This company is too big and unwieldy. Managing this behemoth is like trying to teach Godzilla to sit and roll over.
Break this thing up and bring some real value back to the shareholders. This company is worth much more broken up than it is as a whole.
Don't ever listen to those idiots on Fast Money. Their opinions are no better than a coin flip. A monkey with a dart board would be more reliable. You notice that none of them publish their weekly holdings along with any changes that they make. I would be willing to bet that Adami and some others don't own any stock at all. They are entertainers only. They let you take the risk, and they rake in a fee from CNBC. The Nagarians own a brokerage firm that benefits from people making trades. They invest with the money from their customers. They aren't stupid enough to take big risks.
Tried to take some profits on my Feb 34 puts by trading them down to $26, but the greedy market makers wouldn't even give me $6.50 for them. That's okay, I'll wait for this puppy to hit $22 and see what they do
You don't need to look very far to see that this "market" is a haven for manipulators. All I can say is this stock is a screaming buy. BA exists as one of the few MAJOR US manufacturers, and, therefore, it has a "put" under its price. This stock is worth at least $135, and, pre-market it got up as high as $133 before the manipulators sank their fangs in.
Sentiment: Strong Buy
Their tents are still up and they have planted a good crop to run you out of your position. What are you going to do about it?
The quarterly report is due and the conference call is November 4th. Take a good long look at the cash flow of this company to see if the dividend is sustainable. If it is, trim your hedges. If not, keep your hedges on! Don't listen to the irresponsible long idiots on this board who failed to take prudent precautions on this stock.
Think....they could always make next month $.21.....or lower, or higher, who knows? Don't assume that this automatically represents a raise...
The reason why MTGE is not at par is precisely because of the fact that the 10-year treasury rate is so low. The longer term view of the market is that rates are going to rise, perhaps as high as 3% over the next year. As long as this view persists, institutional investors are not going to "back up the truck" and buy MTGE.
I hope that this company is doing what it can to hedge against higher rates. I am thinking about hedging my long position in MTGE by buying deep in the money TBT calls. I don't see that the 10-year treasury is going much below where it is now. Of course, I have been saying that for the last 6-8 months.
This is a stock that is "ripe" for short selling. At some point, this stock will be a screaming buy, but we have not reached that point yet.
Well I can tell you that if I did not have a married put position on, I would be down over $10,000 now. In fact, my max loss on the position is $1,500 less whatever dividends I potentially collect between October and next February and less the value of calls that I have sold on the stock on the way down. If the stock starts to go back up, I will collect a profit on the puts and buy back any calls that I have sold. Now, you tell me if it is worthwhile
All of the talking heads say the bottom is in for the market.....This was just an opportunity for short sellers to take profits, be neutral over the weekend, and re-short the market next week. Keep your put positions on.
PFE needs to sustain its profit growth. No blockbuster drugs are imminent. Tax inversion strategies are really questionable based upon Government opposition and the capital cost involved with foreign company acquisition. This company is being squeezed and headed below 25.this
Sentiment: Strong Sell
Assuming KMI is worth $34 (and that's really low for a 5.88% yield on a non-mlp stock)
The dynamics of KMP's stock price: 34 X 2.19 = $74.46 Plus $10.77/Share or a total of $85.23
The current Price of KMP at 10:43AM = $84.36...Is this Selling over done, or what?
If you own this stock, and, all of a sudden, you find that your position is under water. Let me tell you that you have no one to blame except for yourself. This is a highly leveraged company that has not produced any profit in its history. Expectations are great, but performance pays the bills. I bought this stock for its dividends, but I was realistic enough to realize that this stock could be flushed down the toilet in a hurry. So I set up a married put position that would protect my position while allowing me to collect distributions (for as long as they last).
If you invest in stocks like this, you have no room to complain if you lose money. Don't blame management or the market. Take a good long look in the mirror. The culprit is there. Think real hard before you invest.
Don't put your trust in what T. Boone Pickens predicts. I don't seem to remember that he predicted our current "oil and gas glut". In fact, I remember him trying to encourage US drillers to maximize production to eliminate the need to import oil from the Middle East. These "experts" always seem to be on the right side of the issue. The truth is that they have no idea what is going to happen. These "experts" only serve to create volatility in the markets and benefit by initiating trades to take advantage of stupid retail investors that listen to their predictions.
Why don't you enlighten us on what you are going to do......chill out and listen to the scheduled conference call on November 4th
Your comments are noteworthy, but I think it goes deeper than that. I think that our government has encouraged the Saudis not to lower oil production. The reasons include: 1) Punishing Putin for the Ukraine,
2) Lowering oil revenue to ISIL, 3) Reducing the need to frack in the US, 4) Reducing the need to build the pipeline in the US, and 5) Lowering gas prices to US consumers prior to the elections. This is typical Obamanomics, a Socialists' twisted view of world markets.