May take a year to work it's way back to $14 but the plunge has to stop soon IMO. Have a good next 10 days folks, I am off to Mexico to hunt deer and escape winter. Aodios.
Get your facts straight, America imports a bunch of oil from Mexico and this will add to the glut here. I don't think oil will go below $80 or so because of the expense of lifting new oil, but no guarantee's it stays this high. Which is an obvious reason the juniors are not going up and are unloved on Wall Street. Uncertainty is the enemy of Wall Street.
Timing is relevant as to investment outcome. If you would have bought two years ago this coming January the great investment you mentioned for a 3 year period would have grown exactly, oops, it would have shrunk. Not exactly a good investment when two years later it is worth less than one paid for it. Timing. Of course those wonderful and never wrong pumpers were predicting doubling and even tripling of the stock price in the next two years two years ago. Now that is what's called being 100% WRONG!!!!! And of course, never admitting it, only calling those who disagreed with them names.
Motley Fool folks sucking in retail so their buddies can unload before the crash. The article reads like their is no possibility for competition. HaHaHaHaHaHaHa
Didn't know I addressed you here. Or are you itflies and rigdowntex? Same techniques--personally attack those you disagree with. The Saul Alinsky method of radicals.
I did not quote a SA article. I quoted exactly what I said I quoted via the S&A Digest. The entire read makes tons of sense and fits KOG to a tee. He address everything you point out above and then states why these companies are not good investments. Sure, one here and one there might get bought out and make investors money, but that is not the crux of the article or of mine (maybe you did not bother to read them since you even got the source wrong--just attack the messanger like your buddy Sold Out Loser).
And just for your info, KOG stated publicly that they DID NOT shop the company around. Maybe you know more than the company about that.
But I will make you a deal. If you can get Sold Out Loser to quit posting I will stop too. He has probably cost most common folks half their fortunes with his endless rantings promoting KOG and bad mouthing those that disagree with him as the stock collapses from $14 to the mid $10's.
Yep, been hearning that for 3 years. Always some oil company selling elsewhere and going to put all their bucks into the US and the M&A activity will surge and KOG will double or triple by this time next year. Only one problem, it NEVER happens. But keep dreaming, that's what I am doing.
with an release by a company that is BOTH SHORT AND LONG Opko that says it is a bad stock? Such activity should be criminal. Jail time is to good for these folks, public hangings would be better.
An outtake: That's because of two simple reasons… First, it's difficult for these firms to produce excess returns on their capital. By definition, they can't differentiate or brand their production," he explained. "Second, it's awfully hard for these companies to produce growth in free cash flow or profits that can be distributed to investors (in dividends or share buybacks). Usually, the companies require a ton of capital to replace inventory that's been sold.
Lots more really spot on stuff that shows why these stocks are dead in the water now and probably will remain so for a long time.
investing in commodities such as oil. Makes tons of good points as to why these stocks are not going up and probably won't go up any time soon. Basic common sense stuff that most people understand (of course Sold Out Lower won't understand) and shows the perils of investing in stocks like KOG. Looking at the stock prices in the oil patch recently it is obvious the author is spot on with his analysis. Maybe some of you have access. Good read.
Always next year with you guys. And then the year after that, and so on and so forth. Some got lucky and got in when it was a penny stock, the rest of us have had some rough sledding. What is it about facts that make you guys so irate. Are you all Obama liberals.
Mention it's a fools game and the biggest fool on the board shows up to prove my point. Thanks soldout, always nice to have an idiot prove how correct I am.
Everything is NOT down. Good grief. Look at KOG's chart. The stock is totally BROKEN.
You, the guy who has been pumping KOG (and god knows what else in the allies of America's slums) since $14 tells the world that I am the idiot. You are so stupid you don't even realize what an idiot you are. You are consistently wrong about KOG's direction since earnings and tell everyone who has been right that they are idiots. You must have caught some brain destroying VD in those allies.
I have to agree. It is broken. Badly broken at this point. If the market takes a 10% hit KOG will trade in the $7's. Might get bought out for $14 if that happens though.
Oil inventories down big and oil drops. It is a rigged casino. Look at KOG collapse. Hedge funds have totally destroyed investing. It is a fools game at this point.