I put blower boy on ignore, he is spamming this board worse than Yahoo. Get over it idiot, they handed you money on a silver platter. It doesn't matter what happened, its how you benefit from anothers agenda!
Lets keep the quality posters on board and offer solid information. Whining about having a opportunity to make more money, does that make sense to you? Look at the facts, lets say no one downgraded or wacked HERO at the knees. Over a two year period it drifts from $7 to $5 and goes back to $7, what did you make in that two years, nothing. Unless you added at the $5 and the spread is smaller. Now you have a once in 5 year buying opportunity and the ability to make more money LT with less risk.
Where is the downside people? What we also point out over and over, you should always have enough cash to 2X any position on market pitfalls and black holes.
And if you're adding in monthly 401K, would you rather buy shares at a bigger discount so when the time comes to exit, you make more money? I would , 3 years ago their was huge risk, today they are in the best domestic market in 10 years, they have 200M in cash, reducing interest paid on debt and are cash flow positive for 2014. Worst case, they buyback 50M in shares, reduce debt or start a dividend program.
Have you ever noticed when the shorts pile on the weirdo's come out to this board and the day-traders swarm with stupid names. Then we have Mike, boy just has nothing to do, but everybody knows he is short, let him be, its America people!
Nothing, you listened to management and read the earnings report! What happened is the shorts beat it down and will eventually buy and push up the stock price 28% when they lock profits.
Motley fools, they are selling the bad news but for years they tell you to buy when there is blood in the streets.
It's a LT gift, relax and add shares slowly!
If you trade, cash in on the gaps and add free shares also.
I sent Global a fruit basket, they break SEC rules and we benefit? See any downside?
Last time the fear was worse(2011) and we made 100%+ on our money! Last time they even played the BK card, I guess that's hard to do with a company that will return positive cash flow in 2014!
Happy Happy Happy!
we don't have a clue and our names aren't cool, I can live with that!!!! Jar I see you're a close 2nd to being as popular as me, LOL, can you imagine these whiners working for us??? When you ask a driver to send a load to Houston, do they cry or do their job? The sad part, when $ was hiding under her desk I talked her into buying 2X her position shares below 4.80. Burning bridges is not smart on wall street! Its more important for her to be popular with guys who have names of body parts, classy eh?
But I did she she downgraded GNW from $35 to $30? I'll be back with my earnings report analysis, I've read it 3 times trying to find the part about a dividend program and how two exec's are arguing over if there will be a Aussi IPO or not in 2nd Qtr. Besides, why in the hell would I waste my time on Genworth when we have a hold on it.
My ST concern, Wall Street celebrates good news and earnings for Genworth, but yet after earnings the sp is, as of now, $15.4X. That is $1.20 less than what it was in early January with speculation of good earnings and still -50% below BV. So our day-traders pumped $20+ and loaded up before earnings and lost, that's my fault when I told them it was going down??? Everything seems normal.
I work for a living, I don't need to cheer for a stock I hold at 4.6X, I'm making money elsewhere. Screaming $30 all day doesn't move stocks.
One more question to ask yourself, why in the hell are longs not buying the stock???
"Diamond Offshore downgraded to Sell from Neutral at Global Hunter
Global Hunter downgraded Diamond Offshore to Sell and reduced estimates due to lower demand for deepwater rigs and lower dayrates. The firm expects further rig deactivations in 2014 and reduced dayrates for less capable units combined with oversupply to result in idle inventory and contract gaps. Price target lowered to $38 from $61"
Look at the price target, same MO, they were Neutral but had a price target of $61??? I wonder if they broke SEC rules on DO also?
Hey, everybody has the right to be a bull or bear, but their risk/reward is off the charts and professional ethics is something we practice, and my tolerance for risk is in a different arena.
Their decisions seem to be based on anger instead of DD. They use fear tactics to buy value, hell I use hard work and DD to make my decisions!
just stand up and say, Hi my name is Mike and I'm addicted to posting on Yahoo and I'm short HERO. Now was that so hard? Now tell your broker you are broke because of him, Brokers don't have that information.
There were not 1.86M shares shorted today, I repeat, there were not 1.86M shares shorted today. We have people at the clearing house, didn't happen!
Now who do you think would approve that???...hey boss-man I got a great idea, I found a stock trading below BV and asset value, they reporting earnings and beat on rev and EPS, have a billion $ backlog, rates in both domestic and international are stable, their flagship iron is about to spud and they will generate significant cash flow in 2014 and have 200B in cash and 130M line of credit!
Seriously? Somebody would risk 1.8M shares on that bet with the SEC watching because of SEC rules violated already, oh yea boss, the SEC has a spotlight on short activity!
Come on Mike, I'm back in the game, I can't let you tell stories like that, we have professional ethics!
Lord give me strength!
Lot of speculation about, is this a two sided bet, or the same institution trying to take the premium out of the call side? I'm hardly ever direct, but the call side premium is to high for someone betting that kind of money with a short timeline, they would be fired if they worked for me. I know there are a few option traders on this board, not my expertise. I've got plenty of opinions from a few rocket scientist, my comment, why wouldn't they just buy the common and pay no premium? We assume the close strike point is a capital allocation issue.
Options traders, June 2014 is a low % timeline, yet someone inks 10K $14 June calls at 1.93(huge premium), on the other side of the ledger is 7.84K $12 puts, June 14 also, for 0.29. Now that is strange alone, but add in op int and it gets crazy, op int on calls is only 2.8K and puts is only 384. So that means specialist has to approve and write contracts.
The reason we think they are part of the same bet, its obvious isn't it???
Boys at options monster fell asleep, I guess!
Isn't it a great problem to have healthy cash flow to reduce debt, possible asset buy, share buyback or dividend program and the sp is below asset value. Not to mention, 1B backlog in GOM, talented management team, strong international and domestic growth and I think the Feb 11th date was a slip of the tongue and when new contract will start.
Global should possibly require their future analyst complete a local GED program in basic math before they secure employment.
Yet Wall street boys who look "long-term" don't seem to like this company below BV and asset value. Good, cause they will be begging to buy our inventory of certificates for $8+ by 2016!
Healthy cash flow and trading below asset value. its wall street math folks, the agenda will change.
Add on weakness and soon you will be rewarded! The shorts will use slow days and bad market to work it down, let them do the hard work and add shares slowly when appropriate until 5.60 mark. That is the short mark to start covering, when stock starts going above 5.60, they are treading the water.
Could be wrong, but last time everyone told us the HERO sky was falling we made over 100% on shares accumulated.
That's my 2 cents as of now!
As long as you learned a lesson Mike...LOL! Your mistake, you forgot the sp went up over 100% also, shorts are always looking for good companies LT at a value price, mix in sellers locking profits and there you go.
Life is good when you follow the data!
you will just have to trust me, I can see what you can't! A small player, but every one counts, now lets listen to some good news!
no you got greedy, we told you to sell 50% of your cheap shares in the low $7's and hold the rest long! My philosophy on the next run, I'll never be able to buy shares cheaper than my core cost (3.2X) So you could of made huge profits and now be able to buy those $7 shares back for mid $4's. Next run by 2016 could be $8.6X or above sp.
So stop whining and get back in the game. I bet next time you want be greedy?
You live here, so make money or find another job.
No whiners when I'm present, cowboy up!
Stop whining, speed limit is 45, you drive 65 you get a ticket! there are rules in every sector of the world, they're called laws. SEC can't stop 1 trillion transactions a day, but they can find/fine those who break the rule(s).
Now come clean Mike, you claimed you were short???, so are you long, short or just spend 24/7 whining on this board? Shouldn't there be a SEC rule against what you do?????
The shorts are only giving you a LT opportunity, they will do everything in their power, legal or other, to force stock down the cut their loses, but eventually they must conform to nakked shares or SEC will toast their marsh mellows. If you trade, make some money on gaps. If you're looking long, send Global a tahank you note for the stupidity.
"With the recent price action in Hercules shares registering a fresh 52-week low, and the equity throwing multiple regSHO violations for abusive naked short selling, it is evident that the short sellers -- as well as the recent analyst downgrading the company's equity -- are now on the wrong side of the trade. Hercules Offshore strongly solidified it's return to profitability with a beat on the top line and bottom-line earnings release.
All eyes will now turn to this morning's conference call as fresh interest in a long position should present itself, while short sellers will probably find it difficult to find shares for hypothecation. It is likely that most margin desks will now raise BIPS for remaining short Hercules Offshore by at least half a point."
well you get the picture, Global's agenda sticks out like a sore thumb now, great DD guys!
I"n our International Offshore segment, initial drilling operations on the Hercules Triumph are proceeding exceptionally well. Contracting efforts for the Hercules Resilience and follow on work for the Hercules Triumph are in advanced stages of negotiation, and we expect to formalize contracting by late first quarter 2014."
Expect the shorts to do their best to drive down price today, up 0.17 on 12.67K shares. Overall the news is good and the management team did a good job. Look long down the road and you will be rewarded...IMO
Cheers to a good CC!
We added 25% of our position shares at 4.8X and added another 25% long at $4.4X today. With earnings coming up, TMO, facts will be released along with guidance and business plan for 2014. This should allow the the stock to consolidate and if the shorts attack tmo, then we will add the additional 50% of shares and hold till 2016.
I hope the shorts attack TMO, if not, stock consolidation on good news from CC should offer $5.60 ST.
I would love to add more in the $3's, lets hope for short attack, if not we will wait on adding more with a solid position starting around $4.7X if news is good.
Also, as a speculative investment in oil and gas sector, we believe with all sector companies reporting growth till 2020 and beyond, high probability HERO could be bought based on a sp trading below asset value.
Now I'll turn it over to the Mike show, I have a life!
Cheers to those who believe!
The gift of the day, if Genworth is bought out of meets 2014 goal. It conserves capital and gives you the time-line you need with a small premium. Buy to open, the January 2015 $10 calls, about 5.45 a pop. Set your goal for the amount you are willing to risk on Genworth LT, buy 50%( today) of the contracts you want LT and be patient.! Do it now, not tomorrow and walk away!
My job is done for now, remember my ranges for 2014!
Genworth is a hold for 2014, IMHO!
where is the ice princess??? She pumped pumped and said January would be a good month for Genworth?
She has to be loading up the Prius today?
Probably hiding in the Sedona canyon!!!!!!!!
The biggest mistake LT investor's make, they for some reason think the train doesn't stop at all stations along the way. The fear they will get left behind. You learned and made a great market decision, after consolidation, if you think the LT story is still in place, you can buy back cheaper and all those profits are in the bank!
Congrats, want to help me convert these pumpers? In reality you finally learned they were the ones who hurt your portfolio, Genworth released earnings and CC, RDN is up more than GNW as of now and GNW is below $15!
No doubt, the punishment of HERO was not of solid DD, IMO. Same with Noble, I've had that on my radar, it helps me understand the punishment was industry wide, NE down the road could/should trade at 2X BV.
It's hard to understand when industries seeing growth for the next decade and good earnings get punished by WS, especially ones who beat earnings and raise dividends.
I'm focused and only see buying opportunities LT in the sector, keeping an eye on RDC, trading way below BV today. They also started a dividend program, not sure why all the analyst jumped on the Bear wagon(sector), its a ST game to me. I think they're looking for LT buying opportunities via scare tactics, gotta love the game!
As of now, PKD/SFL/HERO are my focus, but will consider any LT opportunities to shift funds!
I'll be focused on GNW TMO, earnings were solid, I'm worried about guidance, but should offer a ST trade!
Good luck with NE!
for CC, its not about earnings, its about guidance for 2014, Aussi IPO, dividend program, LTC. Its nice for everyone they beat Qtr estimates, to me the best news was improvement in Life Division, its our CEO's strength and background.
Now some facts, for all of you dreaming of a short covering, GNW is only 1,7% short, not even on the radar and shorts were not the reason for sell-off in stock, it was the market and people locking profits and buying back cheaper shares. AH volume is 50 and 500 shares blocks, the largest % of trades...only 72K+ shares traded, if the street liked earnings that much, it would be 1.2M and up 18%+, reference of historical data.
So relax and let the CEO and management paint the picture for 2014, if guidance and programs are in place, we go up, if not, consolidation. I know the pumpers has suffered from pulling the trigger too early, but that was a gamble, not investing. Proof, AH highest trade was $15.25 and that is $1.4X+- 52 week sp high in early January.
The pumpers told you in was going $20+ 2013 and it ended today's last trade @14.53, up to $15.25 AH on low volume, headline number, they told you to add in mid $15's and it went a $1 lower.
Lesson, listen to CC tomorrow and lets see what management says, they want pump $35 or BV, they will give you the facts and that is what will move stock in 2014.
Good news 2014 sp, 18.60 as of today, implementation of all 3 major programs in 2014, 21.40ish
Chill, congrats to Genworth team for turning around MI, lets hope it continues, cheers to the quality contributors and fellow longs.
Hoping for good news, planning for a crazy day of trading and lets hope market is positive tomorrow!
Laissez les bons temps rouler!