Well, It is your time to Sell also - my indicators said to sell over 30 days ago
So, Cramer said he'll look to unload his trust's APA stake if he can get a little better price for it. Apache closed Thursday at $42.61, down 2.23% on the session.
"My instincts tell me to stay the course; the assets are worth almost double what the company's worth," Cramer said. "[But] Apache is my 'No. 1 Angry Name,' as you can tell, because I understand and have done so much work on this Alpine High. But without a takeover ... by any major [oil company], it shows you that they don't believe. And if they don't believe, it's hard for us to believe."
Talk about a dead stock. The only movement is generally downward. A surprise is when it does not end the day on another low. My opinion
New buyout premium (20%) on APA is now approx. $48. Keeps going lower and lower each day. Anyone interested in APA is going to wait until there is blood in the streets before even considering. They will let the market dictate the price. My opinion
There is a saying at the Apache Building on Post Oak - Fool them with the earnings release and they will Buy - Fool them twice about Alpine and they will even Buy more. You will be able to Buy more shares of Apache in the mid-30's when everyone figures out they have been a fool. Time to short APA.
Use caution. Appears institutions slowly exiting position with APA. Doing it slowly so as not to create panic and maintain $40's for a little while longer before next leg down. I was guessing $30's around the corner, but now may be leaning towards eventual $20's. With no catalyst to entice new investors, the down trend may unfortunately continue through 2018. My opinion
The sell off represents confidence in Management. The market is basically going to wait until management can prove itself going forward. We may see $39 before end of summer. My opinion
The sad thing; even if someone interested in APA now, a 20% premium fetches us only $49-$50 a share. Very sad indeed. My opinion
Do you think this thing is done selling? Showing us a buy signal now on APA? Im not sure about you guys but awesom_sto-cks has provided me with some pretty good trade ideas. I messed up executing some of them but thats on me.
Is it time to make a move on APA? I started receiving notifications from awe*some*sto-ck*s the other week and so far they have presented interesting new trade ideas.
im starting to get frustrated with this. bought in at 45 and ready for rocky mtn high instead of alpine high
Brent at $52 and WTI $49. APA @ $44. Margins should be fantastic next Q. My opinion
Apache is not a near term earnings story. Apache is a foundation that is being built to provide a platform for future earnings power. Apache is being valued irrationally by today's short term, short attention span looking for a quick trade crowd, while the true value of Apache is in the assets it has gathered and the strategies it is pursuing to harvest these assets well into the future. There is a huge disconnect between the price of the stock and future value that will released when the true earnings power is realized. Oil and gas may be low for longer, or maybe not? Aren't the same people that are predicting low for longer also the same people that didn't see oil falling from its highs? The truth is no one really knows the price of oil and natural gas in 2018 or 2019. To extrapolate today's prices and supply demand environment out that far is a huge mistake. as Crash says... my opinion. But my opinion tells me to accumulate now (plant seeds) and sell when the oil and natural gas cycle is more favorable (harvest). There is a time to plant and a time to harvest. Sometimes the harvest takes patience and persistence. Today's investors that drive the day to day price have neither.
CRASH,, tuesday end of day report an wednesday report are critical,,,WTI needs to get above 47.74,,if oil stays under 47.74 then we could be looking at 42 at some point on WTI,,,, you will no doubt see this week if APA goes under your 40 prediction an oil collapses ,,lets hope not,, charts on oil stocks look frikin pretty ugly an if ya look at the chart on WTI the bears arte looking for 42,,lets see what the first report says after market,,, biggest week in the direction of oil
Just curious, where are all the Apache follows oil guru's ? Too funny how those comments quickly stopped when oil has made a charge upward and APA is falling to new lows. What does that tell you now?
@ $44.06, this is a good time to buy APA.
Now we know why. They missed. Unreal. I think its time to consider a new CEO or someone needs to take them out. Also, now we know why it has been selling off over last few weeks. It appears many were informed they were going to miss. What a bunch of crooks. Should fall below $45 by next week. My opinion. Anyone still believe APA follows the price of oil?
If they keep talking on this conf. call, we'll be to $0 in no time
APA has been telegraphing this miss for several months; everything is about the second half of the year with Alpine High. also for the last week or so all oil stocks have been killed no matter what they reported. They are the most hated sector out there. Only until oil turns higher with a good drop in supply will these stocks go up. OPEC and the frackers have been shooting over there toes; all they have to do is slow down the drilling and supply. Turn the valve clockwise that is how you shut off the supply.
Do you think this thing is done selling? Showing us a buy signal now on APA? awesom_sto-cks just allerted a new stock - it beats having to dig online yourself for new stock ideas.
Be patient as some will be forced to sell today, especially those that fell for the Barron's article "APA could double from here" hogwash. Been a holder for a long long time and it appears we are headed to the high $30's. Some shorts will cover as they have made a killing from the $60's and some were fortunate to prosper from the $100's. In any case, its been a disaster of a stock to hold for longs. Just sayin........and my opinion