Vale has dropped from $35 in Dec 2010 to $3. I still don't see much hope for the industry to recover in 2016. Fortunes have been wiped out if you were invested in commodity stocks. I'd like to buy back into Vale, but don't see a turnaround in profits for a long time
Dec 29 2015, 17:51 ET | By: Eric Jhonsa, SA News Editor Contact this editor with comments or a news tip
The API estimates U.S. crude inventories rose by 2.9M barrels last week, after having fallen by 3.6M the prior week. The figure has led oil prices to pare their Tuesday gains: WTI crude is now up 1.4% to $37.33/barrel, and Brent crude up 2.1% to $37.37/barrel.The API's report comes ahead of Wednesday morning's anticipated EIA weekly inventory report. The EIA has been expected to report a 1M-barrel inventory decline.
I usually find it posted on the USO board, but to get the data you need a paid subscription
Seeking Alpha also publishes the info as seen above
2016 is going to be another tough year for driller profits
If we don't get solid Triferic news in February, you will see lower stock prices. The market will only pay for good news and we have not had much since the Nov CC
I just get tired of seeing the same posts day after day from both pumpers and bashers. Again, the only thing that will move the share price up is good news about Triferic future use. I know that it takes time for a new drug to be used, but we got FDA approval in Jan 2015 for Triferic. Additionally, I just can't understand why Calcitriol launch has taken so long...this is generic vitamin D
If we don't get some good news by the Feb 2016 quarterly conference call, I fear that we could see fresh 52 week lows. I continue to hold and have owned for almost 4 years now hoping for a big payday...$20+
I seriously doubt that people are paid to post on these boards. In any event, I tire of both the pumpers and bashers continually posting senseless posts with minimum content.
The price will go up when we get some information from Rob about solid Triferic sales...not before
I am holding and expect a solid update when Rob is forced to report quarterly results in February
I'm long but have a realistic view about the poor prospects for 2016. 2017 will be much better. I doubt that NE will earn $1.50 for 2016
2016 will not be a good revenue/earnings year for the off shore drillers. Contracts are being cancelled and day rates are under pressure. I'm long the stock and think that 2017/2018 will be much better, but please don' t post messages that don't contain the slightest resemblance to the real facts facing our industry
I had to see a Dr this week and noticed a DaVita clinic next to the Dr's office and stopped by. This is a big clinic across from Herman Memorial Hospital On Pinecroft Avenue in The Woodlands, TX (Houston suburb). I asked if they had established trials for Triferic and was disappointed to learn that they did not. Now, his is just one clinic and perhaps the technician that I spoke with was not fully knowledgeable, but it was disappointing, nevertheless.
I hope that DaVita chooses to use Triferic The lack of information about what is going on is frustrating to us longs
I'm happy it is up a few pennies, but until industry fundamentals change by 2017 at the earliest, there is no reason to be happy
You have been around this board a long time. Do you see any positives for iron ore prices and demand for 2016? Any chance for I/O industry economics to improve in 2016
I never would have believed a $3 price for Vale. This is incredible
Me too. Pismire, what do you expect from:
1) Freeport negotiations with 2 rigs
2) Saudi Aramco day rates for next year which will certainly be renegotiated
My bottom line concern is a reasonable expectation for 2016 revenue in this bear market
Your thoughts are appreciated
Me too. I believe that you have to have a paid subscription to get it when available, but someone always posts it on the USO board as soon as it is published
I have owned this small biotech company for about 3 1/2 years now. If I don't hear some tangible news about Triferic sales contracts in the next conf. call, I'm going to sell on the next run up. I understand that Triferic has a potential to generate solid profits but we need sales contracts to move the needle. I expected a lot more by now and yes it is very frustrating. Mr C. has had more than enough time. I await the CC.
I read the transcript and am concerned ab out the negative impact of the 2 rigs with FCX that might get cancelled. If oil does not start moving up, it is going to be a terrible year in 2016 for the energy sector
I agree completely with you and really don't understand why we have not inked contracts yet. Furthermore, we are still awaiting Calcitriol launch. I'm still holding for 1 more conference call. That seems to be the time when announcements are made publicly
We have had a relationship with DaVita for a long time. I really thought that a Triferic contract would have been inked by now. Until we get some signed contracts, RMTI common is not going to get an upward price bump