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ye all looking for a short at $1.70
EESH
My old goog lol everyone run be scared lol .
VRTX here weeee goooo. Crush.
GOOG dropping like crazy!
re: cubes
Sold QQQQ taking a contrarian position since Friday.
That mimics the SPY almost I would wait for a good head and shoulders to short that group.
yeah i also meant ARE ticker.
peaking i believe
I think we could score 3 points out of HLT.
Im getting ready baby There are so many stocks that are doing well. Ill be ready.
Great Ill look at at I tryed to short them a month or 2 ago and didnt get far with them. I will be watching BOOM again for a big run down. its setting up perfectly trading under the 200ma.
ARE you ready........
for the drop?
HLT Hilton Hotels overbought.
a downward trend is nigh!
$34 to $27?
Good Safe Play (UP). Swing Mutual Fund.
Ticker and information on the pick is posted here:
http://www.investorshub.com/boards/read_msg.asp?message_id=15051798
Good Safe Play (UP). Swing Mutual Fund.
http://www.investorshub.com/boards/read_msg.asp?message_id=15051798
NOVEMBER
LCC@ 49.45 10/20/2006. BUY BACK 11/02/2006 @ 47.01$295.29 13 Days!
DISH@ 49.45 10/31/2006. BUY BACK 11/02/2006 @ 34.74$82.50 2 Days!
UNFI@ 34.75 11/02/2006. BUY BACK 11/03/2006 @ 31.75$429.00 1 Day!
PCU@ 52.00 10/30/2006. Stoped Out
SMMX@ 24.50 11/02/2006. BUY BACK 11/10/2006 @ 23.75$153.00 8 Day!
MGI@ 34.45 11/03/2006. BUY BACK 11/13/2006 @ 33.00 $210.25 10 Days!
ITU@ 33.80 10/30/2006. BUY BACK 11/13/2006 @ 32.50 $197.80 14 Days!
TIE@ 29.13 11/03/2006. BUY BACK 11/17/2006 @ 28.00 $193.23 14 Days!
XTO@ 46.00 11/13/2006. Stopped out 11/17/2006
ROST@ 31.19 11/13/2006. BUY BACK 11/18/2006 @ 30.19 $160.30 5 Days!
AG@ 30.18 11/14/2006. Stoped Out 11/21/2006
CHK@ 31.90 10/30/2006. Stoped Out 11/17/2006
NSM@ 25.20 11/16/2006. BUY BACK 11/21/2006 @ 24.50 $200.00 5 Days!
Check out the new Swing Trade Alerts.
http://www.investorshub.com/boards/board.asp?board_id=6378
I will be doing some research tonight finding some good plays hopefully. Both for swing trade and for shorts. If I am unable to find any I will have some over the holiday weekend. If anyone has any ideas to throw on the table feel free and we may be able to use those as an alert as well. Hope everyone has a good holiday.
If it breaks 40 then on to 38 I would just let the market take you out of the trade. Put a stop loss on it. It depends Im not sure how low it will go I do know that if it breaks 40 then all the longs on this stock will be getting out and send it crashing. If you are happy with a 2 dollar per share profit then take that. Its completly up to your trading strategy. The last year this stock has just been on a steady uptrend and I alerted it when I thought we were comming on top. I think this one even though popular will fall hard over time. If your happy and profiting take profits.
re: guesstimate
re: head fakes
Well, it depends at which charts we like to look at. 12 bars from today on a 60 minute chart as a guesstimate. 3 bars down as of this hour.
on a daily chart, on average about 8 to 14 bars down before a cover. Yesterday's signal gave a head fake and then another one today as a sell signal. We just wait with patience and discipline. The brooms are in the ready to sweep the profits off the table.
re: StockCharts.com
Hope this can help,
QuillandPenn
how low do u think vrtx will fall?
re: ALTR
short today as part of the Bread and Butta dou or until a head fake occurs.
Best regards,
QuillandPenn
I believe we have a confirmation at a short on TOL.
Thank you very much and from time to time I do ask alot of questions. A cupla more days and will get acclimated to the flow.
Swing Trading is the theme and was wondering if you guys Swing Trade any Proshares and use the Contrarain position on there basic 8 win - win positions and swing the remaining 4 when funds are available.
ie.... myy / mvv.
Best regards,
QuillandPenn
What a day im not even going to look at the charts lol like a roller coaster Ill just let the market do whats its suppose to. Im looking at VRTX again. 45.00 seems to be top even in a 3 year perspective.
welcome to the board.. hope we all can make some money
Welcome to the board we look forward to your posts.
I think this whole week we will be down.
Ooops! typo error, should have read VRTX.
re: VTRX should have been shorted on Friday, November 17 at around 10 am if using the 20 minute delay charts, otherwise.
Very intesting board, will have to get acclimated to the surroundings.
Best regards,
QuillandPenn - http://tinyurl.com/guqkb a Swing Trader in "Buying from the Scared, Selling to the Greedy"
"in tribute to all who seek to record their ideas and share them with others"
how is vrtx looking? how much longer would u say?
Great stock to watch!!! BIGN and WWNG
Arch Speaks: Hope I dont get banned from Raging Bull for posting this. I would like to add to the speculation by saying I beat we get some can of special Divvy out of this form Royal and the others as they need shareholder bases. GLTA.
It good to be in the no.
Eat,
Now onto your question. In every JV deal, some companies get more, some get less. Royal Pet has assumed the East Texas operations because they paid for them. They got that part of the deal for flipping the funds. The other parts of the deal were LA, Arkansas and West Texas. West Texas and Arkansas we have not got details on yet so I'm unsure how those assets are divided. It looks like we got 100% of LA. Just like Tyche/Hydroslotter get 60% and BIGN gets 40%, just like WW Oil and Gas gets 50% and BIGN gets 50%. The East Texas asset produces double the amount of oil each month and has more land assets and wells to rework but this deal is not too shabby for BIGN. If we were going to gain the East Texas asset it would have came with heavy dilution to existing common shares, most like preferred shares would have been issued for any free cash flow, warrents, it would have been a very toxic deal. Lanaster is concerned about common shares because he gets some when the deal closes, he does not want heavy dilution either. He is looking out for us, this guy is a top notch dude. Rome is not built overnight. BIGN will soon be in a position to gain assets like East Texas, just not right now. The PR failed to elaborate on the details of East Texas and if BIGN will participate in the reworking or drilling of existing/new wells. If we are, I'm sure collectively will we benefit in some of the cash flow from the wells, we just do not own the assets. Similar to Grimes, we do not own Grimes, we lease the sites.
Now, with the deal closing by year end, we'll have 17M in assets, no debt on our balance sheet plus 1.8M in free cash flow from oil sales from the LA field. Depending on whether or not Grimes 3-4 are done and producing similar to Ophelia lets assume they are and that PR will come shortly because remember, this is the board, not Lancaster that runs Grimes. Lancaster is not involved in Grimes. From the (5) wells we have live 1-Charring Cross, 4-Grimes, we have approx. 4500-4900mcfd of gas being sold. BIGN's annual share of this revenue after ROI is 4-5M. Collectively right now we have almost 6M per year or 500K per month in free cash flow.
Tyche is starting an (8) well program in Oklahoma. WW Oil and Gas has two wells live now in Tubbs and is starting a (28) well program. The two wells from Tubbs are bringing in 100 bopd each which equates to 150K per month in BIGN's pocket. Tubbs is expected to achieve 2 additional wells per month for the next 15-20 months. Do the math, but right now we have 650K per month in free cash flow or 7.8M per year in free cash flow. BIGN's current operational costs for the Tyler office and staff run about 800K per year, so let's say 1M per year. Divide 6.8M profit / 375M shares and I come to .018 EPS. At the normal 10X multiple for Oil and Gas stocks I come to .18 cents per share with 375M shares outstanding. This multiple does not factor in the growth potential we have to produce triple that revenue in 2007 due to Grimes and Tubbs alone, let alone the other projects or JV's that will be announced in 2007. Just the 28 wells in Tubbs alone, assume 20 of them are good producers 100 bopd (which is low, but average), this brings in another 1.5M in cash flow or .004 cent per share EPS which adds another 4 cents to our share price assuming the 10X multiple.
Notice the mention of pink sheet classification meeting highest standard in 2007. Read the news on pinksheets.com regarding this elective categorization for comapnies. This means we must produce audited quaterly and annual financials, exhibit a true business, and report everything to the SEC. Once this is acheived, this factor alone tells the investors in pinks this is a formal, honest company trying to emerge to a higher market. This is worth a premium just like SLJB went up to .20 cents based on the "promise" of audited financials from the CEO. A promise is one thing, promises can be broken evident by SLJB's failure to disclose them if they even exist. People lost 75% of their money on that stock in two days. Ouch.
Now you asked me about East Texas and the fact we did not get it. So what, we got other parts of the deal and remember I'm sure we will be involved in the reworking on wells in East Texas, Arkansas and West Texas that were announced on 8/31.
We have Tubbs and New Mexico with WWNG, we have Oklahoma and Charring Cross with Tyche getting 40% from those deals. We own 37% of Tyche plus get 40% of revenues from projects. With WWNG, we don't own any of this company but get 50% of revenues from projects associated with WW Oil and Gas.
Now assume the company gets 4M in cash early next January and the stock price is sitting at .05-.06 cents per share. The company could right then, right there spend 2M dollars on an immediate buyback put 40M shares of common stock on their balance sheet. Remember this money is cash, not the money being generated from free cash flow from projects. We are getting 4M in cash from this deal. Now with free cash flow still at 6.8M / 335M shares = .0202 EPS at 10X multiple = .205 cents per share. The company can just use the revenues from Tubbs each year to add .004 cents per share to our EPS without touching the 6.8M in cash flow we currently have from LA, the two wells at Tubbs and Grimes + Charring Cross.
All I can say is Lancaster has us started in the right direction. We just need to close this deal by year end, get our name change, start executing with Tubbs, get a report on Grimes and this stock is simply an easy 20X bagger from here in the next 90 days. Hold it longer who knows. Remember the pink sheet classification will add a premium as well to our share price as will more wells at Grimes, Charring Cross or any new deals on the horizon.
- Later
Arch
Looks like we had a small break out. We should see read monday according to the candel pattern It would be nice if they finished red toward the end of the day.
hey whats up with vrtx?
mike.....
FWIW, radar DPBL, its moving up on word of a NOBO list request, news any day now.
Crazy news comes out better cover.
Pilots React to Proposed US Airways/Delta Merger, Informational Picket to Express Frustration With US Airways Management's Unwillingness to Participate in Negotiations
7:00p ET November 15, 2006 (PR NewsWire)
The US Airways and America West pilot groups will conduct informational picketing tomorrow, Thursday, November 16, at 12 p.m. EST to demonstrate their increasing frustration with management's unwillingness to fully participate in negotiations for a fair, single contract that addresses the pilots' basic needs and allows the company to realize the full synergies obtainable from merging US Airways and America West Airlines. The pilot groups, both of whom are represented by the Air Line Pilots Association, Int'l., will picket at two of US Airways' (NYSE: LCC) largest hubs -- Charlotte Douglas International Airport in Charlotte, N.C. and Phoenix Sky Harbor International Airport in Phoenix, Ariz.
The pilots are also commenting on US Airways' announcement today on a proposed merger with Delta Air Lines to create one of the world's largest airlines, although US Airways has yet to complete the integration of the pilot groups that is required as part of the terms of the 2005 America West/US Airways merger.
"The billions of dollars that the US Airways and America West pilots have committed to US Airways propelled our airline to profitability and opportunity. But like the planes we fly, management's grandiose plans will not take off without the pilots on board," said Captain Jack Stephan, chairman of the US Airways Master Executive Council. "So far, the company's empty promises have failed to capture all the synergies that just the US Airways/America West merger can provide," said Captain Stephan.
"We recognize US Airways senior management's enthusiasm for a merger with Delta; however, before it can be successful, management must first focus on fulfilling the promises made to their investors, customers and employees for the America West-US Airways merger," said Captain Kevin Kent, chairman of the America West Master Executive Council. "Regardless of whether or not another airline is in the mix, the pilots will no longer be exploited to make such a transaction occur."
Despite the announcement of the merger, the pilots at US Airways and America West remain focused on the issue of achieving a fair single contract, one that is commensurate with US Airways' position in the marketplace. Joint negotiations with US Airways management have been ongoing for one year, and during this time, the pilots have received only concessionary proposals that resemble the bankruptcy-driven contracts that were made as pilot investments in the airline.
"US Airways management will unravel all that we have accomplished if they insist on propagating their bankruptcy mentality at the negotiating table. The sooner they realize that those days are over, the sooner this management can make good on their promises to all employees and stakeholders alike," said Captain Stephan.
"US Airways has posted remarkable profits for three consecutive quarters due to the efforts of front-line employees such as the pilots, yet they refuse to fully engage in negotiations for a contract that recognizes our contributions. Management's decision to not focus on putting the America West/US Airways operations together for one seamless airline is bad news for our customers," said Captain Kent.
Founded in 1931, ALPA represents 61,000 pilots at 40 airlines in the U.S. and Canada. Visit the ALPA website at http://www.alpa.org.
SOURCE Air Line Pilots Association, International
Tania Bziukiewicz, America West MEC, +1-602-306-1208, +1-602-214-3490, or Arnie Gentile, US Airways MEC, +1-518-424-8433, +1-412-264-5600, both of Air Line Pilots Association, International
http://www.alpa.org/
LCC burned alot of shorts! DAMN!!!
Yes unfortunatly the perfect time to short they come out with news merger possibility with Delta go figure lol. I will be setting up on a short for KERX soon Im playing them up right now.
so lcc is a bad play?
NEW SHORTS.
ROST
XTO
AG
I feel real strong about these three for larger profits for this month.
I have some in the works been working all day on it. So far I have ROST and XTO for monday I will have more posted as well as some swing trades on my swingtrade board.
I smell massive shorts for remainder of year. Relying on you to uncover the best charts, Mike!
Good Shorting
Skeen
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