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papayamon

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  • Can SandRidge Energy Reach New 52-Week Highs? [View article]
    Don't you think you're jumping the gun here to assume that this involves material liability on the part of Sandridge to third parties? What if the investigation involves liability on the part of the old board members and Mr Ward that will help Sandridge stockholders to recover assets from Mr. Ward?

    I think we should wait till the situation is clarified. It's only a subpoena at this point, and management is cooperating fully.

    After firing Tom Ward, who in my opinion is the sorriest excuse for a CEO in the history of fortune 500 companies, the current management team has been nothing less than fantastic in turning the company around. Why don't we give them a chance before condemning them as though they had any part of this?

    The real problem is that there is something wrong with a system that allows someone to so unfairly take advantage of shareholders by insulating themselves with a board of cronies and well heeled attorneys. This is what forced the company to pay Ward off just to get rid of him. Where was the SEC when this was going on?

    Even if there is some liability on the part of Sandridge, there will be a settlement. It's not going to wreck this company. Far more material is what the current management team is accomplishing now. This will determine the ultimate fate of Sandridge. I am a buyer of Sandridge here.
    Mar 3, 2014. 05:46 PM | 4 Likes Like |Link to Comment
  • Halcon Resources sells Woodbine properties for $450M [View news story]
    Good!
    Mar 3, 2014. 05:14 PM | Likes Like |Link to Comment
  • Micron Will Obliterate Q2 Estimates [View article]
    Gotta admire a guy who sticks to his guns. I have to admit I'm considering options here. However, I am going look for an opportunity on the wings of this Ukraine situation rattling markets.
    Mar 2, 2014. 05:46 PM | 5 Likes Like |Link to Comment
  • My Best Idea For 2014 [View article]
    You've got to be kidding. If i don't feel comfortable with an investment, I'm not going to go to make it. It's not as though this is the only investment that I could possibly make. There are more investments than I could shake a stick at, all with staunch advocates and detractors.

    Think sentiment doesn't matter? Look at Tesla's valuation. Look at bitcoin. In fact, look at the changes in value of MOST stocks over a year. Are you saying these are all, or even mostly due to pure numbers and logic? I think you are kidding, or you are so inexperienced that you simply don't know the difference.. which is it?

    It is my hard earned money and I am going to FEEL it's a good investment, or I am not going to make it. I am a trader - and I'm going to rely on the total picture - which is a combination of many things, not just numbers.

    And as far as me losing my job, no worries there at all. Jobs in my profession are a dime a dozen (not to mention that I only work a minimal amount to keep health insurance). So it would pretty much run up against my indifference. And that's a sentiment :).
    Mar 2, 2014. 06:31 AM | 1 Like Like |Link to Comment
  • My Best Idea For 2014 [View article]
    I wish the very best for all of you. I know Wilson has put a lot of work in his analysis and he is a very bright guy. Should anyone really buy into his thesis, then the big money is to be made playing options.
    Mar 1, 2014. 12:15 PM | 2 Likes Like |Link to Comment
  • Beware Buyers: 12 Reasons Why The Current Sky High Natural Gas Price Isn't Here To Stay [View article]
    I don't see anyone tearing it up with natural gas production. Seems to me that most (this is an utterly nonscientific observation, I admit) had disappointing production in the latest round of earnings releases. Why? Perhaps because the price isn't high enough to mobilize capex. I think injection season will be a failure this year.
    Mar 1, 2014. 09:48 AM | 1 Like Like |Link to Comment
  • My Best Idea For 2014 [View article]
    I could be utterly and completely wrong, and I hope I am, but I feel there is too much hope baked into the price of MU going up significantly from here. No doubt they had a great run as of late, but when I feel too much bullishness on any stock, it's just too risky for me. I am going to sit this one out. Good luck to all longs.

    Maybe it makes no sense, but when I feel a visceral reaction to owning a stock... Well, if it walks like a chicken, and talks like a chicken, it is a chicken. I am a chicken here.
    Mar 1, 2014. 09:41 AM | 1 Like Like |Link to Comment
  • SandRidge +2.3% as Q4 beats estimates, discloses DoJ subpoena [View news story]
    Tom Ward, I personally hope you get jail time - though I doubt that will happen.
    Feb 28, 2014. 12:54 PM | 3 Likes Like |Link to Comment
  • Linn Energy: A Very Disappointing Quarter [View article]
    Exactly. It far too early to call this a bad deal.
    Feb 28, 2014. 12:05 PM | 4 Likes Like |Link to Comment
  • Chesapeake Energy Corporation Announces Midstream Compression Asset Sales [View article]
    They are at it again. This company is streamlining itself for a sale. Uncle Carl isn't stopping.
    Feb 28, 2014. 09:09 AM | Likes Like |Link to Comment
  • Linn Energy: A Very Disappointing Quarter [View article]
    maybe growth will slow, but line is a giant and will keep growing. in the meantime, the dividend is more than adequate to support the current stock price. next quarter will likely be impacted by adverse weather, i'm thinking. but it looks to me like line will be able to keep the dividend at current levels without much concern.
    Feb 28, 2014. 09:08 AM | 13 Likes Like |Link to Comment
  • Halcon Will Reward Patient Investors [View article]
    Ari, time will tell. Obviously, Yellen isn't going to pull the plug on cheap rates/QE. I think that the majors are having trouble producing oil and controlling costs. So I don't see major downside. For shale oil output in the U.S. to even be stable, they are going to have to keep drilling an awful lot of wells. There just isn't abundant cheap oil. I've been hearing oil is going to be $80 for a while, yet here we are at $102.

    This is a speculative play, with 100% upside in 2 yrs (imo). I think this management team delivers. If the TMS really works out well, then i think there is big upside. I'm going to roll the dice here. How are you playing this? Shorting or sitting it out?
    Feb 27, 2014. 10:10 PM | 1 Like Like |Link to Comment
  • Swift Energy's CEO Discusses Q4 2013 Results - Earnings Call Transcript [View article]
    I am fortunate that I'm a newcomer to this stock and can get out easily. They are close to a sale in Louisiana, and that is going to let me slip off the hook here when it moves up a bit more. People in when Cramer was pumping it are in for a long wait - if ever.
    Feb 27, 2014. 08:06 PM | 1 Like Like |Link to Comment
  • Swift Energy's CEO Discusses Q4 2013 Results - Earnings Call Transcript [View article]
    Obviously this management team couldn't pour oil out of a can. Hoping someone will step in and take this thing over. Why don't these guys realize that they are destroying shareholder value, set their egos aside and go start another company if they think they know enough to run an oil company?

    It's a management problem. First and foremost. That's what has them in a situation where they don't have the money to develop promising assets. Their solution will be fire sale prices of valuable assets. Where have we seen this before?
    Feb 27, 2014. 05:54 PM | 1 Like Like |Link to Comment
  • SandRidge Energy: Mississippian Well Results Update [View article]
    How do you call this "blowout" earnings? It's a beat, better than a miss, but not a true game changer.
    Feb 27, 2014. 04:47 PM | Likes Like |Link to Comment
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