Is Magellan operating in Texas? Please enlighten me avi as I may have missed the headline of them buying into some properties at Eagle Ford or some other prolific area.
Once again, your quick response proves you spend far too much time on the Magellan site and you really should get out in the sunshine and fresh air.
Why you post so
No one knows
Made to look like facts
What will it take to
Stop your rambling posts?
Everyone sing along now :-)
Hee Hee. Nice carson. Not a single share in solar or any other alternative any longer. Made that mistake with a company called Evergreen Solar and it went belly up. Too long a time frame unless I was leaving it to grand kids as a speculation. Probably should just be in dividend stocks but that is no fun. Would be nice to hear they had spudded that well though as it is 3 wks past when they were scheduled to do so and the weather has greatly improved over in that area of the UK.
Any news, any news at all--gaaack I hate this delay. I am getting older each day and I need this one to boost my IRA which I have to start depleting in two years. Hush, avi, I am perfectly aware that this type of stock is probably not suitable for IRA's.
I, probably like you, thought PDS was finally breaking out of the doldrums but drifted back a couple bucks. Perhaps dropping oil prices and easing tensions in some areas of the world. I note that Libya is once again exporting oil after its recent turmoil and perhaps the actions against ISIS are convincing traders that oil will drop more which I imagine would surely slow drilling. So many things are involved in the energy markets that I certainly cannot keep up and so I guess I will just have to believe in the PDS story a while longer.
PDS seems to be building a very good future for itself with its advanced rigs and expanded geographical contracts. I can see it doubling in a couple years if Mr. Market does not throw us all for a loop. I think they will also increase that dividend in tandem with better earnings.
Can we trade on your coin flips--sounds like a good a system as algorithms. BTW, say a comic strip (Pearls before Swine) where the pig did not know Al Gore could dance or had rhythm---Algorithms. Hope that did not ruin your day doc.
Avi is off the rails most of the time but all of us need to realize that costs per watt are coming down dramatically and major oil corporations are devoting a certain amount of their budgets to this process. In some high cost areas, solar is falling far enough in cost to be competitive with traditional fuels without the need for subsidies. While babs and networth and carson and virtua and I do not like avi's rantings we should not ignore the idea that solar and other non fossil fuel sources are going to provide an increasing, if always small, portion of our energy needs. And that means there may well be investments to be profitably made in those areas. Of course an investor would have to be very careful so as to not, as I did, get swept up in the story a few years ago and drop several thousand dollars. But then, I have dropped thousands on a couple of oil stocks (not Magellan) and thousands on horse ownership so am not as risk averse as some. So, we can ignore "The One in the guise of puppets" but keep our eyes open for opportunities.
It sure was not my horse's day yesterday as she faded in the last furlong from first to last after being jumped back up in class following her win two weeks ago. But that is definitely horse racing for small time owners.
As you mentioned before, even a statement of fact gets a thumbs down although I put no value analysis on the after hour trades as to what it might or might not mean.
Brave acts and even courageous ones can still be pretty foolish in retrospect especially when committed in the territory of an oligarch who has no intention of ever changing. I would prefer Greenpeace refocus their efforts on cleaning up the plastic trash in the oceans rather than engaging in quixotic ventures.
Amen to that as I have been deluded so often by this one. I thought previous ownership was inept but wow. This one takes the cake when it comes to creating anything even in safe areas like Canada.
Drops to the 1.80 level last week and back up to 2.10 yesterday then down to 2.01 this morning and now back to 2.09. Absent any news to the contrary, I think investors are indicating they are willing to stand by Magellan in the near term.