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billyjoerob

billyjoerob
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  • Penn West Cuts Dividend 80%, Now Yields 6% [View article]
    What do you mean by $15 of costs? Not $15 to get a barrel out of the ground, right?
    Dec 18, 2014. 11:03 AM | 1 Like Like |Link to Comment
  • Kinder Morgan And The Good, The Bad And The Ugly Truth Regarding Falling Oil Prices [View article]
    The production is hedged. But KMI can also take advantage of cheap prices for oil assets to add to the "inconsequential" segment that generated so much of the cash flow growth over the years. So it may not matter that much.
    Dec 16, 2014. 05:56 AM | Likes Like |Link to Comment
  • Is This The End Of The 'Shale Oil Bubble?' Or The Beginning? [View article]
    So what are some of the big projects that might be put on hold by the lower price? I notice that Latin America has seen higher production recently, is that from the big Brazilian fields? RZ is right I think that the recent decline is targeted at stopping new production, not at closing in the current production. The market is just too tight to close in production, the option value of the current production is too great even if prices remain at low levels for six months or more. It wasn't until oil reached single digits that US producers shut down production in the 1980s.
    Dec 14, 2014. 08:58 AM | Likes Like |Link to Comment
  • Glentel Part 6: Normalized Earnings, Valuation, M&A And Risks [View article]
    Good call by Monte Sol. Congrats
    Dec 14, 2014. 07:54 AM | Likes Like |Link to Comment
  • T2 Biosystems: Soon To Be The New Leader In Candida Related Sepsis Diagnosis [View article]
    This reminds me of TNXP in that both had a bunch of shareholders who wanted to get out and were holding the stock down. I would bet much of the selling is by investors with very low cost basis who want to lock in gains.
    Dec 2, 2014. 03:33 PM | Likes Like |Link to Comment
  • Why Newly Listed T2 Biosystems Could See Massive Upside In The Next 5 Years [View article]
    Anything new on todays presentation?
    Nov 20, 2014. 02:36 PM | Likes Like |Link to Comment
  • Special Situation: New IPO Crashes 90% Out Of The Gate On Unexpected Dump [View article]
    By what date?
    Oct 22, 2014. 09:02 AM | 1 Like Like |Link to Comment
  • Special Situation: New IPO Crashes 90% Out Of The Gate On Unexpected Dump [View article]
    $530k of accrued officer compensation. So basically the money that goes in will ultimately end up in the pockets of the officers, one way or another.
    Oct 21, 2014. 12:32 PM | 9 Likes Like |Link to Comment
  • Special Situation: New IPO Crashes 90% Out Of The Gate On Unexpected Dump [View article]
    Established doesn't mean profitable. June quarter I see $267k revenue and $383k ordinary expenses. Unprofitable with significant debt. Headed towards zero.
    Oct 21, 2014. 12:18 PM | 13 Likes Like |Link to Comment
  • Special Situation: New IPO Crashes 90% Out Of The Gate On Unexpected Dump [View article]
    You guys are being way too kind. This was a classic pump & dump scheme. "Consultants"? Please. Ordinary investors have been ripped off and if management is willing to defraud the 1st investor, what makes you think you're different? It's not as if management was some unwitting bystander while the stock got pumped up to 31x sales. I wouldn't pay a penny for this, much less 4x sales. The dumping just got started.
    Oct 21, 2014. 12:00 PM | 26 Likes Like |Link to Comment
  • Will Penn West Survive The Free Fall In Oil Prices? I Think So [View article]
    That explains a lot, actually. Fit all the subprime properties in one stock, overspend the cash flow, and fund the dividend with more shares. Makes perfect sense. The investors won't know the difference because they just want the dividend. Of course it doesn't explain why everybody always says that Pee-wee has such prime properties.
    Oct 10, 2014. 02:08 PM | 3 Likes Like |Link to Comment
  • Will Penn West Survive The Free Fall In Oil Prices? I Think So [View article]
    Are the longs going to consider why they've been wrong about this stock for most of recorded history?
    Oct 10, 2014. 09:31 AM | 3 Likes Like |Link to Comment
  • Penn West: Putting Its House In Order [View article]
    If shale oil costs are high and OPEC controls the market, how can shale be a ponzi scheme? It only makes sense to invest in excess of cash flow if incremental capacity is expensive. In that scenario prices are only going higher.
    Oct 5, 2014. 06:10 PM | 2 Likes Like |Link to Comment
  • From 2012's Fastest Growing To 2014's Deep Value, Transglobe Energy Is A Buy [View article]
    The chart of TGA looks pretty much like the chart of Brent crude, except more volatile. If Brent goes to $90 or below (and it just fell out bed) TGA could get crushed. I like the stock, the level of cash is very high (mostly in the receivables from EGPC) but there's no need to buy such an ugly chart. Anything below $6 is in freefall territory and would induce end of year tax loss selling.
    Sep 22, 2014. 02:57 PM | Likes Like |Link to Comment
  • Update: Blyth Q2 Earnings Shows No Bottom; Stock Hits 20-Year Low [View article]
    Interesting color about withholding payments to promoters. I wonder if that wasn't the Blyth strategy, withhold payments while negotiating a way out of the deal.
    "Oh so you want your cash? No problem, wait here while I strangle your baby . . . " Good work by the Georgens, interesting to see what they do next.
    Sep 15, 2014. 05:47 PM | Likes Like |Link to Comment
COMMENTS STATS
294 Comments
234 Likes