This is starting to get a little ridiculous. I realize that 2016 will not be great but consensus eps is $1.11 (apprx)
At some point, we will get a big snap back rally in crude and when it happens, I will sell covered calls and wait this out. Eventually, there will be a turnaround and prospects will improve for the drillers but not this year
Why are going down almost everyday if Triferic is supposed to be a revolutionary game changer for dialysis customers?
Does anyone out in the field know what is going on?
I hope that you are correct. Does NE keep the $.60 dividend for 2016?
I did not think that there would be any chance of this going back to $8, but I was wrong
Why did MS have a $7 handle. I don't have access to their report
No one can predict short term market price changes
No one can have a learned opinion on every stock (Lightning Round)
My question is:
What is going to get oil moving up again?
Is Pickens right about $70 WTI in 2016?
How is not disclosing who the customer is going to compromise their business. Triferic is supposed to be a revolutionary new dialysis product and why wouldn't you want everyone to know who the customer is.
Why haven't more sales contracts been announced? Is that going to jeopardize the shareholders?
I'm not bashing nor pumping. I just would like some basics facts. Rob still runs this company as if it was privately held. He gives the minimum information at quarterly conference calls and I hope that the analysts push him for more information next month.
If it is just a matter of needing more time to negotiate sales agreements, this is an understandable reason for having a delay in new executed contracts. If there are other reasons, the share price will continue to flounder
I agree completely with your post, and if the product is as revolutionary as many claim, why haven't more sales contracts been inked?
Could someone with actual knowledge please tell us who the customer is. After a couple of months, the shareholders have a right to know
Petrobras may continue to cancel additional contracts. Day rates throughout the entire industry are under pressure. There is still projected to have an oil supply surplus and know one is sure about how much additional crude that Iran will bring once the sanctions are lifted. There is a lot of uncertainty about how much Ensco will earn in 2016 and more importantly when industry economics will turn positive.
I'm not sure that this is over doing it. The Wall Street pendulum normally over swings in both directions, but until we get some clarity about the future, you will see more volatility
It has been about 2 months since Rob announced that he had inked a contract for Triferic during the last quarterly conference call.
Who is the customer?
If he is selling Triferic to this customer, someone has to know.
I also have asked questions regarding the profitability of Triferic. I also don't understand why Rob has kept the sales contract a secret. There are only 8 major customers. In an industry this concentrated the other 7 know who signed the contract with RMTI. I had hoped that we would have more signed contracts by now. Rob C. is the point man for sales and he knows all the players very well, I'm sure.
I hope to learn more from the next CC in Feb
I actually went to a large Houston DaVita clinic and asked about Triferic testing/availability. There was no testing going on and it was not available. I really just want some solid facts so I can make a reasonable judgment about the future stock price appreciation potential. If anyone in the field knows what is going on, they have not posted it here and there has been little commentary from RMTI
We are all mushrooms and "hoping" for good news. Rob will have to say something next moth
I am hoping for some good news regarding Triferic sales on the Feb 2016 conf.call.
This is a tough market. Are you buying any energy companies at these levels?
Glad to see you back. Did you get back in because you think we will get good news regarding Triferic or was the just so low that you could not resist buying the stock. From memory, you last sold around $10
Does anyone out in the field visiting dialysis clinics know if DaVita is testing/using Triferic?
Looking for facts from people actually working in the field
I sure hope that you are correct. Eventually, the price of crude will turn up again and I doubt that a lot of the frackers will rush back in knowing that Saudi Arabia can open the valve any time
If the official Energy dept report has a similar draw down like yesterday's API report, I expect some upward movement.