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Brutal day today my entire watch list is red. Hopefully after the holiday things will calm down and we can get moving up from here. I believe people are scared and uncertain right now the market reflects it all too well
Thank you. Sure hope it helps here the price doesn't seem to help any of this sector lately even with the short position on this.
Has anyone seen this? Sorry if its a duplicate, but with this why will it not go up? Watching it trade at .001 points takes forever for a penny gain makes no sense at all
March 21, 2016 Thomas Green
Morgan Stanley Acquires 640,127 Shares of Ultra Petroleum Corp. (UPL)
Morgan Stanley boosted its stake in shares of Ultra Petroleum Corp. (NYSE:UPL) by 184.6% during the fourth quarter, according to its most recent Form 13F filing with the SEC. The firm owned 986,867 shares of the oil and gas exploration company’s stock after buying an additional 640,127 shares during the period. Morgan Stanley owned approximately 0.64% of Ultra Petroleum Corp. worth $2,467,000 as of its most recent filing with the SEC.
Other hedge funds have also recently bought and sold shares of the company. ICON Advisers boosted its stake in Ultra Petroleum Corp. by 107.5% in the third quarter. ICON Advisers now owns 1,126,100 shares of the oil and gas exploration company’s stock valued at $7,196,000 after buying an additional 583,300 shares during the period. Russell Frank Co boosted its position in Ultra Petroleum Corp. by 524.4% in the fourth quarter. Russell Frank Co now owns 1,193,338 shares of the oil and gas exploration company’s stock worth $2,912,000 after buying an additional 1,002,232 shares during the last quarter. First Trust Advisors LP boosted its position in Ultra Petroleum Corp. by 99.2% in the fourth quarter. First Trust Advisors LP now owns 1,904,494 shares of the oil and gas exploration company’s stock worth $4,761,000 after buying an additional 948,340 shares during the last quarter. Oxford Asset Management bought a new position in Ultra Petroleum Corp. during the fourth quarter worth $2,305,000. Finally, CI Investments Inc. boosted its position in Ultra Petroleum Corp. by 28.6% in the fourth quarter. CI Investments Inc. now owns 12,673,233 shares of the oil and gas exploration company’s stock worth $31,683,000 after buying an additional 2,815,000 shares during the last quarter.
Shares of Ultra Petroleum Corp. (NYSE:UPL) opened at 0.5637 on Monday. The firm’s market capitalization is $86.39 million. Ultra Petroleum Corp. has a one year low of $0.18 and a one year high of $18.04. The stock has a 50 day moving average of $0.91 and a 200-day moving average of $3.69.
Ultra Petroleum Corp. (NYSE:UPL) last posted its quarterly earnings data on Thursday, February 18th. The oil and gas exploration company reported ($0.25) earnings per share for the quarter, missing analysts’ consensus estimates of ($0.16) by $0.09. During the same period in the previous year, the company posted $0.62 earnings per share. The firm had revenue of $189.30 million for the quarter, compared to analyst estimates of $209.68 million. Ultra Petroleum Corp.’s revenue was down 40.7% on a year-over-year basis. On average, equities analysts anticipate that Ultra Petroleum Corp. will post ($0.13) earnings per share for the current fiscal year.
UPL has been the subject of a number of research analyst reports. Nomura lowered their price objective on shares of Ultra Petroleum Corp. from $10.00 to $9.00 in a research report on Wednesday, December 2nd. KLR Group lowered their price objective on shares of Ultra Petroleum Corp. from $14.00 to $6.00 in a research report on Tuesday, January 19th. Zacks Investment Research cut shares of Ultra Petroleum Corp. from a “buy” rating to a “hold” rating in a research report on Monday, January 11th. Johnson Rice cut shares of Ultra Petroleum Corp. from an “accumulate” rating to a “hold” rating in a research report on Friday, February 19th. Finally, Drexel Hamilton initiated coverage on shares of Ultra Petroleum Corp. in a research report on Thursday, February 18th. They set a “hold” rating for the company. Eight research analysts have rated the stock with a sell rating, eight have given a hold rating and one has assigned a buy rating to the stock. The company presently has a consensus rating of “Hold” and an average target price of $8.17.
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POST NAVIGATION
I am in this one and overall this company looks good if restructuring goes well this could be a good longer term but for now the chart is looking good 10 about to cross 50. This being an Energy Equipment & Services Corp. it moves with oil for the most part. I hope it has a good week ahead just not sure about oil? I don't believe anyone knows what its gonna do these days
I just had to share briefly Kramer mentioned SUNE, hes so quick. They were talking about hedge funds losing money someone mentioned that hedge funds and SUNE weren't fairing to well. He made the comment that they might be bad in some ways but if its their own entity they are not. He went on to say Hillary caused this encouraging them to pay more to get the assets and he lost me he got off onto some healthcare, nothing positive but with him nothing negative is good news.
I don't think they want to do the merger that co doesn't have any real value I believe that is the last thing they are worried about right now, besides I did hear somewhere the lawsuit won't be bad because of the valuation of the co. to begin with and then all the other issues SUNE had. I personally think its held up from the shorts still covering so everyone must have the rest locked up tight. Can't believe I sold i was still half asleep :( Good Luck to everyone. I still might get back in later.., gonna keep watching.
UPL has a short position listed as 22,049,481 shares to be covered in one day link below
http://www.wsj.com/mdc/public/page/2_3062-shtnyse_U-listing.html
Very Good 10k with a short on this of 19,782,018 shares 40% of the float to be covered in 7 days.., what a shame with the feds results this went unnoticed.
I believed they were going to get things together but with the crew they have running this company I don't see it. They could take 30 minutes out of their busy day to give us some guidance especially after missing the extension.
I'd never hire them.., lawsuits jobs not completed jobs under bid then they go bid on a company they can't afford they need to get it together before buying more.
Thank you and the best to you too. I will still be watching it if I do buy it will only be daily trade this stock made me motion sick and thats putting it mildly :) I woke up early saw it red with no filing and sold I hadn't been awake 5 minutes very dumb, kick myself for not waiting but figured it would tank.., I forgot about shorters covering. Well at least people should be able to get out if they want to which is really good news. See what happens tomorrow they were shorted over 100 million
Thank you, and you do the same. I will keep watching, I wanted to believe things would turn out good.., after today it will continue to be flipped and then shorted again until they come out with some news. I wouldn't hold my breath on that either with all these hedge funds in this among the idiots overpaying, under biding, and over extending not a good bet long term. What a shame they can't even speak up
Good job Jane! Wish I would have done that over the past month. The shorts covering is what is going on here according to CNBC. Wish I would have overslept would not have sold so soon. Oh well lesson learned here.
You know I kept telling myself that and have hung in there, but today when they were due yesterday and nothing again not only with the shareholders but with the SEC panicked me. I never dreamed it would hold up with this, makes no sense connsidering people freaked over the late filing before but then that time passes and still nothing and no panic really strange stock
This stock blows my mind, it runs on late filings I give up! LOL!
If they wanted to make sure it was going to be okay they would have kept people informed and posted that another extension is required not wait till the day after they are idiots. They filed to sell shares too on the 14th so I have no faith in anything where they are concerned. They have time to sell shares and then they do this. Not a bit of faith in this POS and the people running it. Sorry just thoroughly disgusted with them.
I didn't think I'd sell but some of my money is better than none. They have been the ones selling large blocks probably their hedge fund buddies.I said in the beginning it traded like pennies guess there was a reason for that and I should have known better.
I am done out of this joke of a company what a bunch of idiots running this. I got worried with those large lots they were selling what a scam and what a PR it doesn't even make sense. out at 1.75
Link from Zacks states filing date 3/16/16 maybe this will ease our minds a bit
http://www.merrilldirect.com/cps/rde/xchg/merrilldirect/hs.xsl/edgar-sec-filing-deadlines-and-holidays-2016.htm
Heres a link to filing schedules with the hours they accept till 10pm est
http://www.newsfilecorp.com/filing/edgar/hours_deadlines.php
Positive earnings today here natural gas up who knows it may jump tomorrow its up after market today
No filings for TERP either maybe they can't count lol! I am in and not selling I am riding this out I have waited this long. Maybe they will announce pre-market tomorrow not going to panic yet to much at stake here for them to not do anything. Good Luck everyone!!
People have it rough enough and this group and this BS is wrong. How the heck can you all sleep at night and you know exactly who you are and so do I trust me I know all of you. Scum of the earth. When I tried to warn people I was a "Basher" for real no such thing. One day this will come back and bite you all its called karma hope you enjoy it
On the list I see the date for today and the chart they also have it with an estimate sorry false alarm. I can't believe they missed the date and not one word what BS. No wonder they are in such a mess, way to go SUNE!
hang on think something just came through girlfriend can you see if you have anything yet. I am not used to think or swin but i believe it says -.09.
I sure hope we close much higher tomorrow, after the 10k we should have some guidance as to where we go from here. No sell off today is very promising imo
Level 2 looking good
actually it was shorted more in that time
SunEdison, Inc. SUNE
2/12/16 shares short 98,680,091
+7,968,687
2/29/16 shares shorted 106,648,778
33.9% 2 days to cover 45,144,178
http://www.wsj.com/mdc/public/page/2_3062-nyseshort-highlites.html
Keep trying 10k and ER after hours today and its not tanking
its one of the few stocks on my watch list thats green natural gas is up and so much short interest on this but here it sits??
I read somewhere after the bell is when we will get the 10k and ER. I highly doubt they extend anything. IMO I believe they are ready.
Great thanks!
Just spoke to TDAmeritrade, he said they pull them that day or day before sometimes.., when he looked further it is still in sink or swim platform listed and states no specific time but with the date of 3/15
Oh God! I hope its a glitch I have no fingernails left next its my fingers this stock drives me crazy.
Maybe because of the ER and 10k that come out after hours tomorrow
10k and ER are supposed to be on the 15th after close. I will post if I can find it. The extension was for the 15th I am sure they are ready
Strange natural gas is up i know this is oil and natural it should be higher with the shorts covering and i believe they have 4 or 5 days to cover
This is a good read I know its MF but its still a very good read
http://www.fool.com/investing/general/2016/03/11/do-einhorns-latest-moves-make-sunedison-a-buy.aspx?source=yahoo-2&utm_campaign=article&utm_medium=feed&utm_source=yahoo-2
I think the 10k is going to make us all very happy, unless your short on this :) Its been crazy like an intense roller coaster ride almost sold more than once.
I like the fact they have a new CFO taking over that has good credentials I believe he is what we need and I am sure we will see improvements with the restructuring they have been working on.
The 10k is due the 15th I think