Thank you Management!
Buying out nflx
Amzn will get 100 million nflx consumers of which
35 million are already Amzn customers, those additional
65 men clients can buy Amzn products or join prime.
Once you join prime for about $100/ year, Amzn
Has proven 1200$/prime customer per year and growing
Sales, thus they can get all their money back in couple of years
For buying nflx, and keep charging non prime members 10 or 12$
Month for streaming movies, keep in mind Amzn has a great
Deal of movie content free for prime members, hence some
Prime members are not nflx customers, this could be a colossal
Win for Amzn and set it as a blue chipper stock rather than
A momo stock,
Just curious, would many of you NFLX shareholders sell for $130/ share or about 57 Billion valuation?Considering Amazon stock went up so much lately, it would be a great currency for AMZN!. Jeff Bezos knows how to "work" wall street.
I think the euphoria over tech stocks, ie, GOOG and AMZN with near $70 jumps in one day is setting Technology stocks for an epic Sell off soon, maybe not GOOG or AMZN but rest of sector will take a hit.
I think what we need is just that, ie, a Catalyst, Rotation of sectors, Financials will be getting most of the hedge fund $$$ , instead of technology, some funds may sell the tech stocks to bring in Cash and plow back in to energy, thats when we get the lift and a bottom may have been set.
1. Financials, WFC, BAC, C, JPM
2. Growth stocks, FB, AMZN , GOOG are getting
the $$$ right now.
we need the rotation to come to us in the energy complex.
1. We need either interst rate increase right away (some money will flow out of financials then, sell on the news)
2. We need a tech stock big name like a FB to come in with a less than stellar income report (tech sell off will create opportunity for us in energy
3. Higher oil prices (this one may take time)
thanks to amzn, you are going to get a big bounce up tomorrow, worth atleast 2 points...
GPRO and all growth stocks are going to surge tomorrow! Also GOOG, but GPRO is best, it will at the very least prop up a couple of points with the rising tide..of tech stocks.
I would consider a bottom only if Stock is able to rally atleast 15% above its lowest price, so at 5.65 low, I would like to see LINE close at 6.50 on heavier than normal volume for me to believe in the bottoming process.
If by chance divvy is only cut 1/2 rather than all, we should be there tomorrow!
Both Top line and Bottom Line will be beat, what is AAPL mgmt going to say about Watch, Car, TV, Streaming Video/Music will make a differnce if were going up after hours: I say Higher!
Here are some reasons to own BBEP
1. If you believe OIL will be higher than $65 within a year or 15 months (I do)
2. If you believe this stock/company can withstand the APRIL Bank Review (remember there is no OCtober review for BBEP) they already mentioned that in CC. I do belive they can manage
3. If you believe that BBEP can deliver on three of these things listed below: I believe BBEP can not only survive but thrive.
A. Discipline themselves in using partner funds instead of their own cash for next project
B. Keep focusing on the Permian (this is what everyone in the industry talks about as the cheapest costs)
C. Keep Partnership funds ready for next venture, do not use own cash, do not use own cash.
D. Most important, be dsiciplined in taking offers to sell 2nd and 3rd tier assetts and or be prepared a little bit more in advanced. (I believe they can do this)
Hence no BK and no worry, this price is F'n ridiculous! BUY BUY BUY!
The cost is around $48 for oil for WLL, they are not losing money, sure they may not be making money. With Hedging, fwd, they can typically get 4-5% more, so if they want to sell for Jan 2016 Delivery, they can get 53.50/Bl
Once Oil is solidly past $60, WLL will be a money machine..
private, could be around $14 or 15 share!
This is what I heard.
While I agree with your thesis, there is a little flaw, I don't think OIl is going back to 100$, maybe 85$, I see OIL at 50-64 $ for the next few months, maybe six months, then a slow climb towards $70. I am talking about WTI pricing. It is possible that Europe will be humming in 6-7 months, Asia (mostly china and India) growing, and AFRICA and LATIN AMERICA growing big with the Middle East. There is a lot of demand for Oil in South East Asia, China,India,etc. After China,India, you've got Indonesia,Pakistan,Malaysia,Vietnam,Phillipines all growing oil/gas needs, In India for example, there are over 1.3 bln ppl but in the US, there are only 380 mln ppl yet in the US there are 5X more Cars on the road. 20 years ago that statistic was 9 to 1, India is currently growing at a Faster clip than China, 6.5% vs 6 % for China. In the next 10 years, Indias population is going to grow by 20-23%, where is the OIL for them??? Chinese growth in next 10 years is estimate at 15%-20%, what about the US??? The growth rate here is expected to grow at 13.5% where are you going to find that much more OIL n GAS??
My point about short term rates is that it favors less debted drillers, ie, NE, long term, yes SDRL is best. I like NE for the moment with SDRL as my long shot play.
Dividend will not be cut for a while! As stated by CFO in Florida presentation, "...we are an MLP we pay dividends" was the response when asked if divvy will be cut!
Line Energy is well positioned for this down turn till early 2016, typically energy stocks and prices go up then.
I like the situation here, this is a Very good Deal if your a net buyer and hold a long position. Time to add!
Looks like it is forming a bottom. Gl 2 All!
If WLL stock goes below $25, pretty sure the odds for buyout are near 80%, a buyout would have to offer premium, thus bringing the price to at least, if not more than 31.
Now we can debate oil prices, Boone Pickens $70, Goldman Sachs $45, personally I like Andy Halls outlook, at 51-52$ range, he went long, said ...not saying
this is bottom for sure but long term higher prices". This was in april, asked again after Greek crisis, he said the same...longer term higher prices, you may recall Andrew Andy Hall former trader for Citibank who got $100 million bonus, as he made Citibank more than a billion dollars in oil trading, Andy knows Oil. Incidentally after Andy went long in April, Goldman Sachsraised oil price target from $40 to $45. Finally, it's surprising to see Oil futures react to a 5 rig gain in count after a drop of 900 rigs, makes me feel desperate traders pushing for lower oil.
WMB is playing a waiting game to decide. First, they want to maximize the buyout price for themselves, ie, ETE's offer should be raised or else WMB does not want ETE offer. Now Second, since WMB has made an offer for the remaining WPZ shares at a premium to their own stock price (which is nowbloated by buyout offer of WMB only by ETE) , what to do you ask? as I said WMB knows they have a near virtual OLIGOPOLY with rest of WPZ in pipeline infastructure, only real competitor is then KMI, ETE, now that said, they dont want to use terms like that so as to get in govts eyes, as the govt really doesnt, or has not bothered to step in and so, this may be the time to buy shares in WPZ as ETE is not in the best position to make a much higher offer for WMB, hence I see WMB announcing shortly,they are better of alone and will merge with WPZ. WPZ goes up and maybe WMB stays neutral or slightly down from here. buy all the WPZ you can, never refuse gifts from wall streeet....
Since Late April, this stock of LINE has been in a downfall, reflecting market sentiment that OIL has more pain and or slower upward trajectory. Stock looks like it is near Bottom, maybe oil has some more to go or maybe not. Stocks are independent at times, other times they are a future bet of the underlying commodity, ie, they bottom a few months ahead. I think the stock is telling us that we are near a bottoming process, be patient, its key, dont buy all at once, buy in steps, I became aggressive in the 10's, did not buy much in 9's, started buying in 8's again. Have to be patient, its just a matter of time (probably 2-3 weeks) then we will know if this was bottom or not. Just be patient!
it is frustrating, I cant argue with you about the stock sucking, but you have to be a net buyer when prices are down, buy slowly, for example, if you are looking to buy 300 shares, buy only 60 now, wait for a dip and buy 90 more, and if it dips more , buy more etc etc...patience will be rewarded. I have seen SNDK at 7 and then 14 months later it was 45$, then I sold and 2 months later it was 60$ I was also very lucky to have gotten into DOW, AXP, WFC during the financial crash, I made 60% in less than a few months, had I kept the stocks, over 5 years, I would have made 600%, be patient my dear investor, be patient..
As per Mgmt in recent Conference on June 23
"STRONG HEDGED BOOK"
"CASH FLOW POSITIVE" Just read his statement....
"TALKED ABOUT DISTRIBUTION" From the reading, he claims this is an MLP, we are to provide distributions, for me it means, no more cuts, he mentioned near 9-9.5% returns, pls see exactly in his statements. (This clearly signals no MORE cuts!)
I could go on and on of smaller positive points but look, here is what he is saying.
WE ARE WELL HEDGED
WE ARE STILL, UNDER BAD CONDITIONS MOVING ALONG AND BEING CASH FLOW POSITIVE!
Dont know what else you guys are thinking, but this is a SCREAMING BUY HERE!