There is not yet any bitter truth.
Probably the red thumbs are because of the boring and tedious insistence of your messages on your way to drag us down ....
Some points to take into account:
It was said in this board:
"The fact they have decided to drill another off where the 27d was just drilled and expend those monies must mean they are not terribly concerned about a resolution or their ability to make that payment ..."
Despìte all, during the present month, the important Institutions are also keeping their 51% stake.
By other side, the technical indicators of the BPZ chart seems to go to the entry range; and normally on this stock the tech. analysis tends to be true.
Aren't you a basher ??. Or maybe your messages are aimed to help the poor traders that have completely lost their way?? ... Perhaps is not inmoral try to scare the traders inducing them to sell ... and only thinking in your own profit ...(?)
Slow stochastics crossing up (on 20 range) and OBV RSI, MFI up.
If you remenber, last time the technical indicators were so, it was the premonition of a rally.
Lobster for dinner seems to be near.
Institutional Stock & Mutual Fund Ownership: 50.6%
Where FMR has 15 M = 12.67%
Institution: FMR LLC
In The New York Times: Iran and Venezuela Push OPEC to Stabilize Falling Oil Prices.
"... urged members of the Organization of the Petroleum Exporting Countries, or OPEC, to “neutralize schemes by some powers against OPEC and help stabilize an acceptable oil price in 2015.” Mr. Maduro also called for OPEC’s cooperation in stabilizing oil prices."
Think that your intelligent and respectful messages cannot go unanswered.
HOLD = HOLD
Recently Zacks has changed the BPZ Rank from Sell to Hold. May be because of the Change in Consensus (Momentum) also continue being up (see Nasdaq site)
Last CNNMoney cooment on BPZ, related with Institutions says:
"Institutional investors purchased a net $2.4 million shares of BPZ during the quarter ended September 2014. This may signal that the smart money is gaining interest in this company as the 54.32% of shares outstanding that institutional investors hold is actually below the Oil & Gas Production industry average."
Since then, it has only decreased to 51%
That means, most of the Institutions (Citigroup, Roumell, Wellinton Management, Indaba Capital...) are still keeping their % ownership satake.
Today many stocks related with Oil are in Green, but not BPZ.
As J.coolaid says, my be the only ingredient that BPZ needs is the RESOLUTION of March debt.
...but the potential is still there.
Some important analysts are not saying that (Bayron Wien in BloombergBusiness)
Oil will recover a Price above $70
Sentiment: Strong Buy
During these last days the Price has followed a similar picture = up, then fall and then rebound to a higher high.
Of course there are many day traders, but the fact is BPZ is continuing not being influenced by the oil Price.
and it can be a unique opportunity.
Sentiment: Strong Buy