Must be paying some huge cap gains tax with all the perfectly timed trades.
I really hope they have the flow rate in an operational update attached to the earnings release.....and not just mention it during the earnings call. Much wider distribution.
If it's in the news we may get a pop whether it's 2000+ or 1800 or 1600 or whatever.
Wunderlich Securities reiterated a Buy rating on BPZ Resources (NYSE: BPZ) with a price target of $6.00. BPZ Resources presented at a conference yesterday and analyst Irene O. Haas was impressed by what the company has been able to accomplish.
"After a slow start in 2013, the company picked up speed toward year-end and is producing out of four development wells in the Corvina and Albacora Fields. Currently, the company is drilling the Corvina CX15-3D well, with production slated for this April. Drilling should start at the Albacora 21D well soon. Well results keep getting better and better - we should expect to hear about the Albacora A-19D this Friday. Our model thus far factored in 8 wells at average production of 1,000 bopd for 2014 and we could be positively surprised," said Haas.
For launch in the 4th quarter. That makes 7.
3 on the market, One in Q2, one in Q4 and 2 more being reviewed by health canada.
Good growth coming to support the now high P/S.
Does this guy realize you can't just walk in the door and sell all of Alterra's bond portfolio and buy stocks?
What insurance regulator would allow that?
You have two companies who funded the start up of MPEL who want to see some cash coming in from their investment. That's why you have a dividend and not a buyback.
I'm puzzled why there isn't insider buying down at these levels. The phantom stock rights aren't excessive. They may just lose the company they put together after those warrants expire.
Maybe you could ask them if they sell all their shares, are they just assuming they can issue themselves a boatload of new ones.
What I meant to say is I don't know what the terms on the senior financing are. I can't find anything about it in penn national's filings. Maybe the money came from a 3rd party.
Don't take that 10 year figure as fact....i just threw it out there. Could be anything...maybe even a % of profits until it's paid off. Probably LACO knows what the terms are though.
I guess the bottom line is HOPE that Jamul is a success.
You're right...but it's gonna take a while. When Jamul opens they start getting interest on the 60 million. But the 60 million doesn't get paid off til after the senior financing is paid off. I don't know how big or how long that is....could be a 10 year note?
I'm pretty sure the Dania investment will remain at zero. They use cost basis on that one. I think once it's written down it stays there. Probably will stay at zero until it's sold.
I could be wrong but we will see.