(Updated - February 5, 2014 11:02 AM EST)
Goldman Sachs downgraded Oasis Petroleum (NYSE: OAS) from Conviction Buy to Buy with a price target of $53.00 (from $63.00).
Analyst Joseph B. Stewart said, "OAS began underperforming in mid-October, possibly due to the deterioration of US oil sentiment followed by weather and regulatory concerns in the Bakken. On February 4, OAS announced a disappointing initial 2014 outlook with worse than expected capex, production and cost guidance, in addition to lower EUR estimates for the Three Forks. This latest news negatively impacted our forecasts for growth/returns and lowered the return potential to our price target."
He's out of his mind. Below, from the Citizens Communications forum and the replies to this post were pretty humorous (ie...everyone called BS). But here he called the bottom for FBC at $600...split-adjusted. A monkey and a dartboard would be more profitable than this lunatic.
BTW "Lottery jackpot winner" to him starts with scratch and win a buck back...."PROFIT!" Then he'd annualize it and beat his chest then run to CVS for his frozen burrito dinner pickup. And I do mean "run". Cheers.
"Allow me to have the honor of being the first to post on this board in 2008. My name is Theo, I'm a lottery winner, and I have already invested some of my money very profitably in Citizen's Communications, a regional telecommunications stock with a high but sustainable dividend and excellent prospects for the future.
This stock is similar to another regional bank stock I already own, called Flagstar. The banking business went downhill during 2007, and many bank stocks saw a large dip, but Flagstar bottomed out in early November at $6. Since then, it has seen wide swings in its' price, and the dividend was cut in half, but the basis for investing in it has been the same. The worst is over for the banking business, no matter what the market thinks of the price of the stock." - Cain, 2-Jan-08
"But Mav, you're me !! LOL"
Oh, to cain we're all one person, the whole internet population that disagrees with him. Not to overthink this, but I looked at the history of jhonny and to me, that history shows far more intelligent content than cain is capable of. Granted, it's still idiotic, but beyond the capability of Cain Man. Might be old crunch. (Now cain can think I'm mav replying.)
"I love sausage !!" - Cain, 16-Sep-11
"Must be doing chores for Lillian."
I don't think they see each other often. I mean, could you imagine? And it's not convenient for him to get there and I think that's by design. No way does he drive...he's borderline homeless. Yesterday might have been "electroshock tuesday"...so maybe he's in recovery today...slouched over in the men's room (library) drooling all over himself. Or he locked himself in his bedroom again...? I'm only guessing. Enjoy the peace!
"I love sausage !!" - Cain, 16-Sep-11
"I am still wondering if he ever got that patent he was yelling at Gasser about."
I think we know the answer to *that*. lol.....the other thing about NPD people is they can't stop lying. They do everything to maintain their false image. There's one site in particular that describes him point by point. An excerpt...
"His very self is a piece of fiction concocted to fend off hurt and to nurture the narcissist's grandiosity. He fails in his "reality test" - the ability to distinguish the actual from the imagined. The narcissist fervently believes in his own infallibility, brilliance, omnipotence, heroism, and perfection. He doesn't dare confront the truth and admit it even to himself."
"The Internet is an extension of the real-life Narcissistic Pathological Space but without its risks, injuries, and disappointments. In the virtual universe of the Web, the narcissist vanishes and reappears with ease, often adopting a myriad aliases and nicknames. He (or she) can thus fend off criticism, abuse, disagreement, and disapproval effectively and in real time – and, simultaneously, preserve the precarious balance of his infantile personality. Narcissists are, therefore, prone to Internet addiction.
The positive characteristics of the Net are largely lost on the narcissist. He is not keen on expanding his horizons, fostering true relationships, or getting in real contact with other people. The narcissist is forever the provincial because he filters everything through the narrow lens of his addiction. He measures others – and idealizes or devalues them – according to one criterion only: how useful they might be as Sources of Narcissistic Supply." Sound familiar?
Good still seeing you around here mav. Hope all is well.
Oh....we've been using entercainment, cainclusions, cainfusion, etc. long ago. He circles like a vulture waiting for someone to mistype a word and then pounces like a DA, ignoring his own screw-ups. He sees himself as a teacher/perfectionist (i.e., know-it-all), but in reality he's an illiterate person with NPD...narcissistic personality disorder...with perhaps other issues. He excels at ignorance. Tons of laughs along the way...especially on sciforums.
"A million dollars a share [FBC]! Someone has placed an order to sell 100 shares at that price. Can't help but smile at the thought of how soon it could happen, with earnings blowouts, upgrades, dividends, and the inevitable merger talk." - Cain, 14-Oct-09
Grade school math:
"If it means that much to you. $1.9 billion in cash and equivalents could be used to finance approximately 200 car loans at $20k each." - Cain, 5-Jan-12
"The 2,300% Operating Margin is a fact that you can't deal with. The fact that you can't deal with it also explains why you don't buy any of the stock [FBC]." - Cain, 18-Aug-09
"Yes, David Smith sure is ignorant."
Everyone is according to you. Patent update?
"I've searched it for some evidence that someone else has already discovered how to get electricity from lightning. So far, there's nothing in the public record. Nothing. Gasser, please read these words very carefully. I KNOW HOW TO COLLECT THE VOLTAGE FROM A LIGHTNING BOLT. I am now preparing an application for a US patent. I know the process, I know the timetable, I know the costs, and I know the benefits of having a patent." - Cain, 19-Dec-09
"Corvette and Crunchy recommended this stock to everyone affter the first R/S."
Did you write this?
"Buy some FBC now, while you can still get it below $7. The current price won't last too much longer. [grin]" - Cain/Vette, 23-Nov-07
And seven dollars then is seven hundred today. Well, I was right about something...your broker really is Fisher Price. And the stock is still down 60% from the first reverse split.
"Flagstar is up 3x since Corvette and Crunchy recommended it. Sorry, you lose"
Really? Ah...but you're ignoring two 1:10 reverse splits (which is the same as a 1:100 R/S). It's remarkable how little you understand. You recommended the stock at $700. Look at the chart...you'll see that's where the stock was in Nov 07.
"I'm an investor with more knowledge than you, judging by your frequent misconceptions about investment principles, but I'm not here to teach the #$%$." - Cain
"That's about the size of it, Corvette. Good comeback."
"It takes a really sick individual to respond to his own messages, Woody." - Cain, 27-Apr-12
"Run the numbers on Flagstar vs Williams. We've been a much better investment since the WCG fiasco."
Williams is up about 100% from the beginning of 2002. FBC is down from $750 to $20...or a drop of 97%. Seems you're wrong.
"What are you? 5 yrs Old?"
It's remarkable...he could be a case study...in something.
"Honestly, insults based on anyone's lack of intelligence are something that is found in grade school. If you want to graduate into high school, try discussing the merits of what he said, and please show some facts and figures to support your argument." - Cain, 23-Feb-12
"Why do you continue to post nonsense on this board? You own no shares and you have few working brain cells.."
Perfect example of projection.
"Narcissism is regarded by many scholars to be an adaptive strategy ("healthy narcissism"). It is considered pathological in the clinical sense only when it becomes a rigid personality structure replete with a series of primitive defence mechanisms (such as splitting, projection, Projective Identification, intellectualization) – and when it leads to dysfunctions in one or more areas of life. Pathological narcissism is the art of deception. The narcissist projects a False Self and manages all his social interactions through this concocted fictional construct. People often find themselves involved with a narcissist (emotionally, in business, or otherwise) before they have a chance to discover his true nature."
Well, I'm sure I said it before that, and if I didn't, it's certainly implied. Rule #1...NEVER buy any stock David Cain pumps. You're admittedly impoverished and you wear it well. Get help.
"Even though the stock has had a reverse split since you very publicly refused to buy any shares"
You can't get anything right. It's had TWO reverse splits. You own no shares or would have known *that*.
"my basis in the stock is now $7.50 for a stock that closed over $20 today."
"This is where the narcissist differs from others (from "normal" people). His very self is a piece of fiction concocted to fend off hurt and to nurture the narcissist's grandiosity. He fails in his "reality test" - the ability to distinguish the actual from the imagined. The narcissist fervently believes in his own infallibility, brilliance, omnipotence, heroism, and perfection. He doesn't dare confront the truth and admit it even to himself."
"How about an explanation of why you refused to buy Flagstar stock when it was under a dollar?"
Yeah...I don't trade banks. Under a dollar? JPD's right (and he's not TD, nor am I). Using a chart, when was it under a dollar? Can't find it, huh? Oh you're still confused how a reverse split works. You know nothing, you can't learn. Who feeds you?
"Buy some FBC now, while you can still get it below $700. The current price won't last too much longer. [grin]" - Cain, 23-Nov-07
"$20 and change. Need I say more?"
How about an update on your lightning-catching patent?
"It has been an interest of mine for the past three years because it was three years ago that I discovered an economical way to manufacture hydrogen. I am now preparing a patent application on a preliminary step in the process of helping our country to become more energy self-sufficient." - Cain, 31-Aug-09
"But the fact is they moved the book value and that is the bottom line in financial strength."
That's not the bottom line...it's one facet.