Official Short-term Investments Thread

[BavarianBeast]

Kids would be on a healthy supply of ramen and rumble if I was banking on my portfolio to provide lol. Though 6 months ago they would of been eating steak and lobster, bloody roller coaster I tell ya.

[GT.....O?]

Picked up some RRX, going to hold it until April....


Spartan is killing me, continues to dive despite fantastic drilling results and production numbers.... Not sure if i should double down to bring my average down, or just wait until winter and see if it turns into an upswing...

[icky2unk]

Originally posted by ExtraSlow
I don't know why, but I have a strong aversion to sitting in cash. I thought pretty hard this spring about cashing out some gains, and I couldn't bring myself to do it.

thank fuck I get a regular paycheque and I don't rely on investing to put food on the table for my kids.

Same here, every 5-6k in the bank goes to the market hah.

I keep enough in there to pay bills/fees for banking.

[icky2unk]

Originally posted by GT.....O?
Picked up some RRX, going to hold it until April....


Spartan is killing me, continues to dive despite fantastic drilling results and production numbers.... Not sure if i should double down to bring my average down, or just wait until winter and see if it turns into an upswing...

I've got RRX at 9.90, wanting to average down but just no capital!

[GT.....O?]

Yeah, i got in this morning at 8.55.... and ten minutes later it preceded to drop to 8.26 :banghead: :guns:

oh well, i just keep telling myself pennies on the dollar in the long run,,, might just forget about everything until the new year and get out right before breakup

the other one i am watching is CFW... taken a massive dive lately, who knows where the bottom is.

weird thing is they did a stock split in may to ~18.50 and are down below that, even though they peaked at 20-21

[troyl]

Bought some TOG Jan 2015 $13.00 Calls last week.... Bit of an oooops so far.

I would expect CFW to post up some good Q3 numbers, maybe try to enter a position over the next couple weeks.

[woodywoodford]

Originally posted by icky2unk


I've got RRX at 9.90, wanting to average down but just no capital!

My portfolio in a nutshell - everythings at wicked good entry points right now, but my capitals all in it about 30% above current prices :banghead:

Did buy a bunch of November calls on TCW though. Same idea as CFW - pretty sure the frackers are going to have a better than expected quarter, and don't see their stock going much lower than it is now.

[icky2unk]

So much for actually closing green today...


FFS

[Meback]

Okay guys, this really sucks. But what is everyone doing? Selling or accumulating. I m red in every position and not sure what to really do.

[icky2unk]

Originally posted by Meback
Okay guys, this really sucks. But what is everyone doing? Selling or accumulating. I m red in every position and not sure what to really do.

Selling and accumlating lol.

Don't have any more money to buy so I'm moving positions from low growth to high growth positions haha.

[phreezee]

Out of cash and down about 5%. If I did have cash, I'd be buying more GXE.

[woodywoodford]

and the trend continues

[killramos]

Meh at this point it might as well stay low for a few weeks so i can pick up some dirt cheap shares on my savings plan contributions... I am blacked out anyways...

[icky2unk]

Originally posted by woodywoodford
and the trend continues

Apparently there is no such thing as a bottom.

The minute prices stabalize on oil all the big guys will be on a buying spree.

[ExtraSlow]

Originally posted by AudiPWR
I added the following to my portfolio:
GTAT
Ouch bro, were you still holding this week?

[BavarianBeast]

What does everyone think of picking up some IONA energy?

They got hammered HARD last week because of some setbacks they had at their huntington field.

I think they've got a solid management team and can dig themselves out of this hole, it looked like a great buying opportunity to get in right after the news (as low as 12 cents) but now I still feel like this could be a good (yes risky) play.

Thoughts :dunno:

[killramos]

Originally posted by BavarianBeast
What does everyone think of picking up some IONA energy?

They got hammered HARD last week because of some setbacks they had at their huntington field.

I think they've got a solid management team and can dig themselves out of this hole, it looked like a great buying opportunity to get in right after the news (as low as 12 cents) but now I still feel like this could be a good (yes risky) play.

Thoughts :dunno:

IMO i wouldn't bet on people correcting operational issues. Usually whatever gets press released is10% of the story and things are FAR more dire than you realize.

Disposition is the only solution.

[troyl]

Originally posted by killramos
Meh at this point it might as well stay low for a few weeks so i can pick up some dirt cheap shares on my savings plan contributions... I am blacked out anyways...

Who do you work for? If you don't mind me asking...

[killramos]

Originally posted by troyl


Who do you work for? If you don't mind me asking...

I feel like I shouldn't say. What's beyond without the anonymity. But it's on these last few pages.

:rofl:

[icky2unk]

$85 WTI insane.

Waiting for a little stability but will probably buy a boat load of Baytex, hasn't been this low since 2010.

[GT.....O?]

And yet gas prices are still 1.20 a litre.... :guns:

Was looking a little optimistic this morning, had a couple stocks in the green (+5-8%), but those dreams were quickly shattered.

Going to dry to average down on some other stocks..

Anyone else worried that this might be the beginning of another "2007"?

[icky2unk]

I think investor fear is making people act like it is because everyone is weary but I don't it's the same.

Oil supply is always a story every year it just seems to be hard hitting this year.

Sept/Oct/Nov are always slow for O&G and then driving season hits and everyone is in panic mode again.

[killramos]

Originally posted by GT.....O?
And yet gas prices are still 1.20 a litre.... :guns:

Was looking a little optimistic this morning, had a couple stocks in the green (+5-8%), but those dreams were quickly shattered.

Going to dry to average down on some other stocks..

Anyone else worried that this might be the beginning of another "2007"?

No this drop is baseless. Purely a trading phenomenon. So long as your brain is not made of silicone you should be able to make a tidy profit here.

[ercchry]

my entire trading account right now is liquid... dunno what to buy, feel like i should try and take advantage right now

[ExtraSlow]

http://www.jeffbullas.com/wp-content/uploads/2009/03/Buy-now-button.jpg

[ercchry]

fiiine... picked up ~$5k in stocks... that enough for now.

LRE, RRX, GXE, and TOU... already up $8 :rofl:

[icky2unk]

Originally posted by ercchry
fiiine... picked up ~$5k in stocks... that enough for now.

LRE, RRX, GXE, and TOU... already up $8 :rofl:

Nice picks.

TOU will be a great long term hold. Clay R has bought over 250k shares in the past month.

Pretty penny

[Manhattan]

Lots of stuff going down to near 52 week lows. Maybe some gold perhaps? :dunno:

[killramos]

Originally posted by ercchry
fiiine... picked up ~$5k in stocks... that enough for now.

LRE, RRX, GXE, and TOU... already up $8 :rofl:

I think you will be very happy with this.

Buy the wife a nice christmas present when everyone realized how stupid they were.

[killramos]

Originally posted by Manhattan
Lots of stuff going down to near 52 week lows. Maybe some gold perhaps? :dunno:

Absolutely esspecially when the trading is for no god damned reason. Comodities? Comodities go up. Always.

Unless they discover a 10 darcy oil reservoir across the entirety of the united states this is a fact. Just a matter of time. Best part is alot of these stocks pay dividends in the meantime...

[icky2unk]

Originally posted by killramos


Absolutely esspecially when the trading is for no god damned reason. Comodities? Comodities go up. Always.

Unless they discover a 10 darcy oil reservoir across the entirety of the united states this is a fact. Just a matter of time. Best part is alot of these stocks pay dividends in the meantime...

Like 10% LRE ;)

[Feruk]

Originally posted by killramos
No this drop is baseless. Purely a trading phenomenon. So long as your brain is not made of silicone you should be able to make a tidy profit here.
You don't think the end of QE has anything to do with it? My personal feel is that I will be able to pick up stuff cheaper next month, so I'm not buying anything. In fact I dumped one position last week and am contemplating dumping some Canadian banks which gave me a sweet profit already.

[BavarianBeast]

Picked up a healthy dose of jan 17th call options on cheniere. wish me luck boys, it's all or nothin! ;)

[Nova316]

Originally posted by icky2unk
$85 WTI insane.

Waiting for a little stability but will probably buy a boat load of Baytex, hasn't been this low since 2010.

$84 now, definitely will see more blood on the streets tomorrow

[icky2unk]

Originally posted by Nova316


$84 now, definitely will see more blood on the streets tomorrow

Was just going to say.

Picked up some BTE at 42.15 last week but with the instability i'm holding on to average down next week.

Oil is going lower because people want it to go lower. Then people will get bored of the oil game and itll go back to $95 a bbl.

[Manhattan]

Damn...markets ain't playin.

[BavarianBeast]

^ Yeah fuck me.

Canacol is my largest holding. Held it since it was $2.90 over a year and a half ago, sold about half my shares around $8 and bought back in again around $5.50.. Never, ever did I think it would go this low.. Fuckkkkkk, when is this madness going to end. From $6.50 a month ago to $3.76 today.

[troyl]

Anyone buying/holding Bellatrix? Orange Capital keeps on buying... I believe they hold just under 20 million shares now.

[icky2unk]

It's hard not to buy anything. Everything is look very good.

I'm contemplating selling everything and let oil tumble further before buying back in. There is no support for WTI/Brent and they are breaking every technical downtrend signal.

May as well take opportunity in the sell off instead of sucking it up.

[Nova316]

I would wait to see if 84$ breaks, if that occurs I think its time to sell and let it tumble
US wants Russia to suffer
OPEC wants more market share and knows its cheaper to produce then US Shale

Yep Oil could be bloody mess soon

[icky2unk]

Originally posted by Nova316
I would wait to see if 84$ breaks, if that occurs I think its time to sell and let it tumble
US wants Russia to suffer
OPEC wants more market share and knows its cheaper to produce then US Shale

Yep Oil could be bloody mess soon

Breaking 85 was already pretty significant. But yes every dollar is a painful break lol.

I would not be surprised if we are testing 80 before month end.

[Nova316]

Small bounce to 86, O&G seems to be recovering hope 86 doesn't block it hard. But I have a feeling it will then continue to drop

[icky2unk]

Originally posted by Nova316
Small bounce to 86, O&G seems to be recovering hope 86 doesn't block it hard. But I have a feeling it will then continue to drop

picked up a bunch this AM, however if it continues to freefall i'm indifferent lol

[BavarianBeast]

Originally posted by BavarianBeast
Picked up a healthy dose of jan 17th call options on cheniere. wish me luck boys, it's all or nothin! ;)

:D :drool: :nut:

[Nova316]

up 5% already, gonna be a good Christmas if it holds haha

[icky2unk]

Didn't hold :P haha

[icky2unk]

LRE looking hella appealing at 3.50

[killramos]

Originally posted by icky2unk
LRE looking hella appealing at 3.50

All time low lol

[icky2unk]

With no support to be found in O&G i'll just watch my net worth fall 5% at a time every day and with my little bit of cash I'll pickup some more LRE next week haha.

Really want Baytex too though, hasn't been this low since 2010...

[killramos]

Originally posted by icky2unk
With no support to be found in O&G i'll just watch my net worth fall 5% at a time every day and with my little bit of cash I'll pickup some more LRE next week haha.

Really want Baytex too though, hasn't been this low since 2010...

I like to invest in tangible assets. The world will always need oil. Company to company there is risk but the entire sector? You will always make money

[EK69]

Originally posted by killramos


I like to invest in tangible assets. The world will always need oil. Company to company there is risk but the entire sector? You will always make money

I'm a noob
What do you invest in then? Cuz I do agree with u lol
Don't tell me ur hoarding barrels of oil lol

[Sugarphreak]

...

[killramos]

Originally posted by EK69


I'm a noob
What do you invest in then? Cuz I do agree with u lol
Don't tell me ur hoarding barrels of oil lol

If you don't want to follow individual companies you can buy into energy index funds etc.

Aside from that research the big players in the sector and invest in all of them. Identify players you think are undervalued and invest more in them. Its justa game and its you versus the rest of the world. Also don't expect everything to be a quick buck, some value can take years to materialize.

Then diversify away from the sector at least a bit by holding other industrials etc.

But i will never invest in a tech company or internet player who's assets are just "patents" and brands which are continuously being invalidated by courts anyways.

I know alot of poeple have become rich off the .com boom i don't care. I refuse to invest in something where my money can turn into literally nothing.

For an oil company at least they have reserves value and infrastructure...

But don't just listen to me do you own due diligence on investing.

[icky2unk]

Originally posted by killramos


If you don't want to follow individual companies you can buy into energy index funds etc.

Aside from that research the big players in the sector and invest in all of them. Identify players you think are undervalued and invest more in them. Its justa game and its you versus the rest of the world. Also don't expect everything to be a quick buck, some value can take years to materialize.

Then diversify away from the sector at least a bit by holding other industrials etc.

But i will never invest in a tech company or internet player who's assets are just "patents" and brands which are continuously being invalidated by courts anyways.

I know alot of poeple have become rich off the .com boom i don't care. I refuse to invest in something where my money can turn into literally nothing.

For an oil company at least they have reserves value and infrastructure...

But don't just listen to me do you own due diligence on investing.

Arguably if you are looking at Tangible assets, Midstream took a pretty nice wack today for those looking at the big guns like Keyera, Pembina, Altagas, Veresen etc.

Those are nice places to be since they just get paid to move the stuff out of the ground and process it. Doesn't matter what Oil and Gas Prices are as long as people are producing it hah.

[icky2unk]

WTI down another 2 bucks. oh man

[Nova316]

I see $3.35
Oh man what a slaughter
I think next stop is $80

[woodywoodford]

Fuck it, I sold everything this morning. Time for a new plan.

[ercchry]

banking on tesla recovering to at least $240 before the 24th with some option contracts... largest risk i have right now. all my stocks i picked up last week are red, but they havent really dropped a ton since then... only a few points. im happy with holding those for a while though. O&G will probably be fine in the new year :dunno:

[icky2unk]

No cash to average down is sad.

Probably going to move my bank stocks into some BTE or CPG in the next few weeks.

Edit: Make that $4 down

[themack89]

I've been holding cash for a while. Do you guys mind if I buy whatever you're selling? :D

[Nova316]

Could be another bloody day with WTI playing with the psychological level of $80

[ExtraSlow]

http://rightpricediscounts.com.au/WebRoot/iinet/Shops/Right_Price_Discounts/52D0/1A36/7CE8/09F7/BA19/C0A8/2D24/B346/CLEARANCE_EVERYTHING_MUST_GO_FIREWORKS_EXTRAV.jpg

[killramos]

Picked up a few hundred shares on the auto contributions tool ( great when you are blacked :rofl: ). if it sticks around until the 30th it will definitely help my margins when people stop shitting themselves. There really is no downside right now...

[icky2unk]

Originally posted by killramos
Picked up a few hundred shares on the auto contributions tool ( great when you are blacked :rofl: ). if it sticks around until the 30th it will definitely help my margins when people stop shitting themselves. There really is no downside right now...

The downside is oil at $75 haha.

[Nova316]

I see $74 for the lower point before Opec steps in
But for my Job sake lets hope WTI holds the Psychological Level of $80

LRE @ 12.5% Div can they keep it? If so gonna be one hell of an good investment + growth

[killramos]

Originally posted by icky2unk


The downside is oil at $75 haha.

For what 3 weeks tops? It will affect bottom lines a bit but this is the 20th century, there is no decreasing demand for oil regardless of market perception.

[icky2unk]

Originally posted by Nova316
I see $74 for the lower point before Opec steps in
But for my Job sake lets hope WTI holds the Psychological Level of $80

LRE @ 12.5% Div can they keep it? If so gonna be one hell of an good investment + growth

TBE at 14%. I mean a lot of these companies were at a healthy 5-7% yield recently, it is just a matter of prices being ridiculous. These are all going to be 5 year olds in which your average cost is at a 10% yield of a bunch of capital losses.

I'm going to argue for the former but let's hope it's not the latter.

[killramos]

Originally posted by icky2unk


TBE at 14%. I mean a lot of these companies were at a healthy 5-7% yield recently, it is just a matter of prices being ridiculous. These are all going to be 5 year olds in which your average cost is at a 10% yield of a bunch of capital losses.

I'm going to argue for the former but let's hope it's not the latter.

I think TBE is another good buy imo. I know the COO there, the management is top notch. Heard good things about their assets as well.

They are small enough for potential quick takeover though.

[icky2unk]

Originally posted by killramos


I think TBE is another good buy imo. I know the COO there, the management is top notch. Heard good things about their assets as well.

They are small enough for potential quick takeover though.

I mean new management dumped 4 million into the company at $1.80 two months ago and they have convertible debentures at $3.15 exercise for 5 years i think it was.

I hold quite a bit of TBE of which i've bought a ton more at these super low prices. I've got a lot of heavy oil exposure at the moment so hoping for the best.

I've also heard the PWT executives that moved over there were good heavy oil guys so banking on a turnaround.

[killramos]

Originally posted by icky2unk


I mean new management dumped 4 million into the company at $1.80 two months ago and they have convertible debentures at $3.15 exercise for 5 years i think it was.

I hold quite a bit of TBE of which i've bought a ton more at these super low prices. I've got a lot of heavy oil exposure at the moment so hoping for the best.

I've also heard the PWT executives that moved over there were good heavy oil guys so banking on a turnaround.

Yea the only issue is with heavy oil differentials beating them up.

[icky2unk]

Rock Energy down 10percent today. Ridiculous

[Sugarphreak]

...

[ZenOps]

Awooga! Dive dive dive!

[icky2unk]

Doubled down on RE when it was -9% today... nailed it lol.

First official day closing Green in so so so so long!
*knock on wood*

[Feruk]

Still not buying anything... My prediction is more pain to come, so I'm not buying a single thing till end of the month. Standing by my thesis that the end of QE is to blame for this setback. As well, people doing capital loss selling are gonna keep all these stocks low till year end.

Not sure why you guys are chasing stuff like TBE or LRE or even RE when far better stuff like WCP is on sale. I mean I like some of those (especially RE), but their Viking assets (aka most of the upside here) are crap compared to WCP. When Teine goes public, that'll be a great one assuming it's priced fairly. As for Penn West #2, aka LRE, I'm not sure what the appetite here is. Then again WTF do I know; I bought MVN at closer to $0.70...


Originally posted by icky2unk
I've also heard the PWT executives that moved over there were good heavy oil guys so banking on a turnaround.
I had quite a few dealings with both Wollman and Middleton at Penn West. Both top notch, technically sound guys. Big difference from some of the other sleeze bags that used to make up (and in at least two cases still do) Penn West upper management IMO.

[ZenOps]

Netflix down $114 after hours. Ouch.

AYrpROr9Gmk

[quick_scar]

Apparently HBO streaming service will make that much of a difference to netflix business

**EDIT - And less then expected earnings numbers**

[ercchry]

Originally posted by quick_scar
Apparently HBO streaming service will make that much of a difference to netflix business

they didnt hit targets in Q3 on top of that

[Type_S1]

Originally posted by Feruk
Still not buying anything... My prediction is more pain to come, so I'm not buying a single thing till end of the month. Standing by my thesis that the end of QE is to blame for this setback. As well, people doing capital loss selling are gonna keep all these stocks low till year end.

Not sure why you guys are chasing stuff like TBE or LRE or even RE when far better stuff like WCP is on sale. I mean I like some of those (especially RE), but their Viking assets (aka most of the upside here) are crap compared to WCP. When Teine goes public, that'll be a great one assuming it's priced fairly. As for Penn West #2, aka LRE, I'm not sure what the appetite here is. Then again WTF do I know; I bought MVN at closer to $0.70...


I had quite a few dealings with both Wollman and Middleton at Penn West. Both top notch, technically sound guys. Big difference from some of the other sleeze bags that used to make up (and in at least two cases still do) Penn West upper management IMO.

WCP is still 15% up from last year. There are much better buys out there right now...much much better. WCP won't lose you money but more profits to be had elsewhere. TOU, ATH, LEG, HLX, APA to name a few that shoukd see a good rally.

[woodywoodford]

Originally posted by Feruk
Still not buying anything... My prediction is more pain to come, so I'm not buying a single thing till end of the month. Standing by my thesis that the end of QE is to blame for this setback. As well, people doing capital loss selling are gonna keep all these stocks low till year end.

Not sure why you guys are chasing stuff like TBE or LRE or even RE when far better stuff like WCP is on sale. I mean I like some of those (especially RE), but their Viking assets (aka most of the upside here) are crap compared to WCP. When Teine goes public, that'll be a great one assuming it's priced fairly. As for Penn West #2, aka LRE, I'm not sure what the appetite here is. Then again WTF do I know; I bought MVN at closer to $0.70...


I had quite a few dealings with both Wollman and Middleton at Penn West. Both top notch, technically sound guys. Big difference from some of the other sleeze bags that used to make up (and in at least two cases still do) Penn West upper management IMO.

Yup, I'm thinking I'll come back after Christmas maybe. This isn't limited to just oil, everythings getting pummeled these days and somehow this just feels a bit more serious than a simple correction. I might not time the bottom, but I'll get back in when things have shown that they're good and stable. For now might just throw my cash at the student loans :P

[Feruk]

Originally posted by Type_S1
WCP is still 15% up from last year. There are much better buys out there right now...much much better. WCP won't lose you money but more profits to be had elsewhere. TOU, ATH, LEG, HLX, APA to name a few that shoukd see a good rally.

For sure, there are lots of other great names out there. I was just saying that the specific ones picked previously were probably not better. Of your list, I'd be happy to own the majority of them down the line (ATH would scare me though).


Originally posted by ZenOps
Netflix down $114 after hours. Ouch.
Not surprising. The company's probably worth significantly under $100/share, but I am way too chicken shit to risk shorting.

[Type_S1]

ATH has over 1B cash and market cap of 1.6....undervalued I would say

[icky2unk]

Pretty good day so far!

[BavarianBeast]

HOLY SWEET BABY JESUS IS THAT GREEN???

19/23 OF MY HOLDINGS ARE GREEN, HOE LEE SHIT!

[GT.....O?]

Ive seen this chart allot lately,

http://files.growthstockwire.com/images/012914%20GSW%20S%26P-02_9WJOOW3YI9.png

Im thinking this is the beginning of that last peak before a major correction


good article....

http://investmentwatchblog.com/2014-crash-is-in-the-making-were-seeing-the-same-sort-of-warning-signs-today-that-we-see-during-every-topping-process/

[EK69]

Originally posted by GT.....O?
Ive seen this chart allot lately,

http://files.growthstockwire.com/images/012914%20GSW%20S%26P-02_9WJOOW3YI9.png

Im thinking this is the beginning of that last peak before a major correction


good article....

http://investmentwatchblog.com/2014-crash-is-in-the-making-were-seeing-the-same-sort-of-warning-signs-today-that-we-see-during-every-topping-process/

i think so too, along with many ppl on various forums on the web and other google articles ive read

save ur money, then when the crash happens, buy like u won a million bucks lol

[BavarianBeast]

:rofl: :rofl: :rofl: :rofl: :rofl: :rofl: :rofl:

[BigMass]

Originally posted by GT.....O?
Ive seen this chart allot lately,

Im thinking this is the beginning of that last peak before a major correction


"Not this time Jeff, I got this!"
http://static3.businessinsider.com/image/53b18d876bb3f76b1c867669/janet-yellen-lives-in-a-gated-community-and-her-neighbors-are-not-happy-about-all-her-security.jpg

This pic BIMG'd by A790. Have a wonderful day.

[woodywoodford]

Shit man BIMG! Can't not see that giant chin whisker :barf::cry:

[GT.....O?]

Originally posted by BavarianBeast
:rofl: :rofl: :rofl: :rofl: :rofl: :rofl: :rofl:


Whats everyone else doing then? lol buying or holding off for a little while?

Im fully up for getting understanding why that article may be ridiculous, just explain why..?

Only been playing the stock market for a couple months..

[BavarianBeast]

Personally, I've been buying and holding every chance I have. I don't really care that much if things continue to fall. I feel that just about all of my holdings are an absolute bargain now, and if the prices continue to go down than great, people can get them at a even more discounted rate. In 6 months I think this is just going to look like a blip on the radar.

[Feruk]

I think anything you buy today you can get cheaper next month. Certainly doesn't mean I'm selling everything (or anything this week), but I am heavily cash weighted and have been for some time.

[ercchry]

im not fully invested yet... but you got to be in it to win it, right? :rofl:

once i can clear out a couple option contracts im just not touching anything for at least a month. then see where shit is. average down my current holdings if needed and see whats on sale then

[themack89]

Anybody thinking what I'm thinking??? These are Feb expiry!!!

http://i.imgur.com/uIv9Uy9.png

[sabad66]

Bad news for NFK/DXE :(

It's tanked to half a penny.

[busdepot]

Originally posted by sabad66
Bad news for NFK/DXE :(

It's tanked to half a penny.

That was a long and drawn out death. Thank god it's over now. Will hang in to see if bounces back up a little bit before dumping.

[GotRice?]

Originally posted by sabad66
Bad news for NFK/DXE :(

It's tanked to half a penny.

Still new to this. What just happened?

[woodywoodford]

Originally posted by GotRice?


Still new to this. What just happened?

Plugging and abandoning the well - it was a dud. They still have other assets over there I believe and claim that this one being dry doesn't imply anything about the other, but the writing is on the wall...

[quick_scar]

Originally posted by sabad66
Bad news for NFK/DXE :(

It's tanked to half a penny.

Ouch. That was a big hit this morning.

[GQBalla]

Ouch i feel bad for NFK holders