LGCY down .64 but LGCYO down only .19
Seems like they both have the general same chart pattern except LGCYO doesn't have the sharp edges, it's slow to change direction, more of an average.
Saudis now say their 11.5-12.5M bpd production comment at meeting was just a hypothetical about their capabilities,
Many experts say that higher production comment was B....S, they are at max output now as is ALL OF OPEC at the present time. Why would all the OPEC countries be borrowing money to run their countries if they could pump more OIL, they can't and that is only 1 reason the Oil prices are going up. The US cut back due to production cost is another reason. Third ,cheap Oil causes people to use more of it in SUV's, Trucks, Airplanes. As one famous person said "The cure for cheaper oil prices is CHEAP OIL !
The trend is up for Oil for now. Good Luck !
How do those relate to the price drop of DNR today?
That I can answer !
After doing hours of research I decided to BUY MY FIRST SHARES OF DNR this morning when the stock was GREEN !
The rest is history !
Note: For a small fee I will let you know when I sell. The stock WILL SOAR !!!!!!!!
You got the wrong stock ! LGCYO was only down 0.19 or 2.82%
The GOOD NEWS is Oil was up and every "MARKET EXPERT" today that I saw said Oil will continue to the 50's.
sunnynewfred • 1 hour 55 minutes ago
just as I post, the share went up. S**T
I hope you waited like I posted to you when the PPS was 30 and now it's down over 53.
NEVER, EVER, Buy a stock selling off on High Vol . Don't try to catch a falling knife. Wait until everybody that wants out is out and the vol slows close to normal.
If you listen to me good, if not you learn the hard way like me but you will remember it ! Good Luck !
That's up to you.
The company has a 5 buck Negative Book Value
The Liabilities are GREATER than the Assets.
The Est. Earnings have been lowered
Zacks has a general Hold on the stock with poor Value, growth, and mo.
The number of "shorts" has been reduced and that's a good thing
There has been 1 upgrade in earnings and that's good.
Bottom line its your call. One thing I can tell you is to NEVER make a move during HIGH VOL. The volume is going to be 4X normal today. Wait until everybody that wants out is out and we form a base. Don't catch a falling knife.
The key to Oil seems to be GASOLINE ! The drawdown in Gas is only going to get worst as people buy bigger trucks and SUV'S. Gas is cheap and people are driving more for little things.
It's going to take a lot of OIL to produce GOOD CHEAP GAS. The Cheaper the gas the more is used. This year Gas is cheap. Some time in the future we will find the level point when we balance things out but we are still to low on the price of Oil TODAY. Maybe 50-60 bucks a gallon.
Bottom line, I think it's to early to get out of OIL.
First I don't believe PVHO is a scam but that is not what this is about, that's for another post !
"Jaysong" is right on one thing. There are no "shorts" for PVHO, proof can be found listed on the Nasdaq s I t e .
PVHO will take off once Institutional investors start buying. There or no Institutional investments, check out NASDAQ s I t e . You need the "big boys" to soar !
PVHO always uses paid for" Accesswire" or "Globenewswire" to spin there news in a positive light. There is nothing wrong with that just that you should know it's not Barrons, IBD, The street, Edar, Marketwatch,PR Newswire, ect. I now pay attention to the source of news on my other stocks because that makes a difference.
As far as PVHO I always pay attention to the SEC Filings because you have to state the facts and goals but you dare not state anything you know is not true.
Last Revenue is the "KEY" right now. We don't need to see profits right now but with the revenue everything else will follow. Good Luck!
If the deal is approved then you might see other offers at a higher level. Other potential buyers are not going to raise the offer till they know the decision by FED.
That is wrong so many ways. ! If another offer would have come in from a company that main business is not the drug store business the FTC would have no problem with that. And if another drug store came in the FTC would do EVERYTHING over for a second time, it a new deal and not going to be approve just because the orginal merge was approved.An the ceiling is 9 bucks and that it. That's all you get for tying money up for a year and will only happen IF THE DEAL GOES THUR !
I must be missing something so help me out.
The Balance sheet shows there are greater liabilities than there are Assets which is a "Red Flag" to me and helps to understand the negative B/V ($-5.93).
Seems the stock has a negative every thing like Operating margin, Profit, return on equity and assets.
There is one thing that is good and that's the number of "shorts" has gone down and that makes no sense to me with those negative numbers.
Sure looks like investor's are headed for the exits.
WHAT ! The VOLUME is lower than the average ! NO CONFORMATION !.
ATW is not even close to the avg Vol today and the people that wanted out are out.
2 upgrades in Earnings est. the last 7 days and 4 more for the last month.
Looks like things have settled down for the PPS but their was not much Vol. to confirm the 50 cent haircut.
I cashed out to feed more to my winners.
Don't need the problems with BBEP went I could be making money like CPE which is growing not melting away. Good Luck
no one can substantiate literally any of the products or services this company is providing, so I concur
Who CARES ! Just buy and sell the stock make money ! When a company goes BK and the stock is cancelled 98% of the time and people know it they STILL TRADE IT, WHY, BECAUSE IT'S THERE.
The stock isn't a scam because their Liabilities are 5 times their Assets and the banks know it . If the banks thought for one moment they would not get their money back or something illegal was going on they would pull the plug on PVHO so fast your head would spin.
It's not a SCAM.
The best way to find information on a penny stock is the SEC Filings because they are the most "Factual".
The second way to get information is the"paid" news sources the company uses like "Accesswire and Globenewswire". The problem with those sources is they use positive "SPIN" to talk about goals and plans they hope to reach. It's a "pep rally, sales job" to get you to buy the stock, nothing wrong with that.
As for the people that say this stock is a "Scam", (which I don't agree with them), just agree with them if that makes them happy then buy the stock and make some money while they continue to lose their chance to share in the gains. Good Luck Long minded investors.
You know, you have about as sure a thing here as it gets in the market with a 12-13% gain. I have friends that trade the way you do and none of them do as well I do.
Where do you get 12%gain is a sure thing ? You got maybe a 25%chance of the deal going thur and at least a 30% loss if the deal doesn't. Walgreen would shoot up to 90+if the deal fails, that's where the play is.
Walgreen has a Zacks rating of #2 BUY
RAD has several downgrades and Zacks rates them a #4 SELL.
The ODDS OF MAKING MONEY is DUMP RAD BEFORE THEIR LOSS and take the company that's making money, Walgreen !
It's as you say, "Right in Front of your Face !
just got back from hoboken rite aid
Did you keep the Doors LOCKED, Windows UP, Head down below the DASH, Time the red lights so you DON'T STOP ! Watch out for the GUN FIRE !
My MB Post over 3 hrs ago...........
The Oil problems are already baked in and we continue to cut rigs while gasoline increases with big drawn downs.
An OPEC Deal can only be a plus and its no big deal if it doesn't happen since they already are at max
Half my oil stocks are GREEN @ 1035hrs. I feel sorry for all the people that PANIC at the open on Oil stocks.
Then again Oil can fool you but you CAN'T be emotional to invest in Oil, you just have to stick to your plan.