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It will be tough to do in this "market order" crowd. lol
Looks like my work here is about done, the board is beginning to find some balance with these new guys. I have been having more fun reading it then posting.
Happy Trading
If I knew about it when it was cheap I would have bought. As for the price right now, I believe its too high against the perceived risk I will be taking. It will come in , all that has to happen is PXD has to win just ONE appeal, sooner or later they will find an ANGLE that works for them, it doesn't have to be true, just, right , or any of that crap. They just have to win one long enough to spook some of the weak hands.
I can wait, its just ONE stock transaction out of many.
BRIG CHECK MY PROFILE IT"S TRUE , of course if everything I post is a lie or can't be trusted, hmmmm.........lol
At least your not blind to the fact this is NOT carved in stone.
You've taken on a well entrenched group here Brig, good luck. They have managed to pull the wool over each others eyes for so long they have gone blind to any sort of trading rules. They will spin every singe bit of news that comes out as positive, even this appeal process. This is going to stretch this out for even more YEARS but they will tell you that it's a GOOD thing.
Your almost trying to break a Cult.
Soon they will start deleting your posts as "off topic" which really means "not rosy enough" here.
Good luck
whats the time frame on extracting that "Billion"?
CSTJ where you spend a lot of time posting has come in 190% since July. Thats one that has dropped more then PXD , care to fess up on some others?
here is the complete list of all PXD political donations, lobbying efforts , special interest etc. have fun with it.
http://www.opensecrets.org/pacs/lookup2.php?strID=C00420950
Mesa is not on the list.
http://www.opensecrets.org/pacs/industry.php?txt=E01&cycle=2008
Question of the nite: is MOSH immune to the commodity sell off now under way and why?
I don't think the trust is allowed to do that. I can check on PXD however if you like.
what other oil and gas stocks do you own? I just like to check my data rather then just take a message posters word for it.
depends on where he can take the price.
I don't envy your position one bit!! That job has gotta be tough....
That is how I feel about most of the posts on the board about how everyone is going to jail, or how they will all pay dearly, etc etc. No factual info there either just opinions....
this thread should die right here
Thank you for the repost MOD, you are a true unbiased moderator.
Everyone posts over and over about PXD, MOSH and PXD are joined at the hip. PXD is the MOSH Operator, the whole point of the board is the discuss the relationship between MOSH and PXD. Most of what you read is anger is misquoted facts or outright lies, all I do is link the current facts for the company that everyone here is bashing, deleting the facts seems a little strange don't you think? Do you feel people her need to be protected somehow for the actual factual information?
Hey Ron how come when you post facts on PXD it's ok and when I do you delete them as off topic? Your not having any ethical problems with that as moderator are you?
Your welcome for that link Volenspros, That is why I put it up there, good eye!
Greeting fellow dabbler and wannabe, I'm glad you acknowledged what all OUR input is worth here.
I'm sorry that you refuse to acknowledge the change I see, I can't help you there, But as I said, I NO LONGER am of that opinion.... feel free to continue posting opinions I NO LONGER HOLD TO BE TRUE.
Just so we don''t have to guess whos up and down.
As of 12:00
MOSH .28 DOWN .05 or 15.15%
PXD 52.10 DOWN 3.69 or 6.87%
JPM 40.85 DOWN .80
ASX: WPL.AX 56.47 DOWN 1.74 or 2.99%
Thats all the players in the lawsuit.
You keep digging up that same Moldy old post, and I keep telling you the SITUATION HAS NOW CHANGED! Now that PXD has the right lawyers and they have gone the Appeals route. A good trader has to ADAPT to changing situations. I did print that and AT THE TIME I believed it, but the situation is no longer the same.
PXD hit a high of 82.21 back around the end of June, that was pretty close, a lot of us sold around the end of that month, whats your point? I got back in in the low 60's and have averaged down every two bucks, when she cycles I will sell 25% 80's. Have you seen the latest NAV calculations for PXD ,I have it here.
http://library.corporate-ir.net/library/90/909/90959/items/306761/PXD_SeptInvestorPres.pdf
The financials don't point it so I have to pass on considering your opinion here.
Oil peaked around 145 so that's about right for the entire energy complex including PXD, yet no one of any consequence is saying Energy is a sinking ship. Most on the street are beginning to talk bottom here. MOSH on the other hand is headed below .20 in the next 30 days, my sources say MOSH is the next low volume MM manipulation play, there is a large buyer out there that wants in, so the slow dump is on till he gets his price. Expect to see a lot of 100 share trades this month with end of the day drops.
My theory is a lot of this groups paychecks fall in the same 2 week cycle, so MOSH is vulnerable to manipulation every other week due to a lack of buyers and they have spotted the trend. It shows up clear as day in the charts. This group probably makes up for 5% of the volume and about 60% of all die hard longs. The rest is trading on the 20-30% cycle the stock has been displaying.
A very intelligent observation, you are able to sort out the RA RA nonsense from the facts, bravo...
Don't you you think that is tied to the slump in the whole sector Ron? Or is it something special? In any case as it comes in it presents a great buying opportunity to add to my posistion, each time it comes in more then 2 bucks in the last 30 days I add another 25 shares.
I don't understand your point that a pullback like this is some sort of bad thing. For longs in the stock it's pretty much a buying opportunity or totally meaningless, thats the whole point of being long, to ride out the ripples. The LONGS here in MOSH don't seem to care when MOSH drops 30-40% off its highs in the .40's, so why should I care about a 10-20% drop in PXD, it's temporary. I bet if there is settlement tomorrow PXD actually goes up because the lawsuit is over.
they will walk, wait and see, relax!
Yeah!!!!! I admit it RON I MADE UP ALL THE LINKS I POSTED!!!, THEY ARE ALL FRAUDULENT!!!, of course I had to hack the yahoo and Edgar websites to do it, so don't believe that stuff Rawnoc, ROFLOL!!!!
Beginning to doubt it again, PXD has their act together now...and JPM is in the clear here, MOSH Holdings can try and sue JPM but that is a losing proposition. They will tell you JPM had a duty to protect shareholders from PXD, WRONG! The duty was to accurately report trust income and to disperse royalties if applicable, they aren't geologists or oil industry experts, they are accountants and they did their job. They WILL walk on this. They had NO OBLIGATION to go beyond what PXD reported to them, they were NEVER REQUIRED to hire third party experts to question the output numbers or the well operations. Woodside is in a similar position, their ONLY DUTY here was to check with the MESA OFFSHORE TRUST on the deal in question, THEY DID and GOT THE GO AHEAD, so they are also off the hook here. The TRUSTEE is also off the hook, his job was pretty much the same as JPM. He was UNDER NO OBLIGATION to be an OIL EXPERT either. So you see it's PXD here or nothing, all the others are just a legal diversion by MOSH HOLDINGS LP (that bitter group of 12 unit holders). They figured if they could sue everyone involved they might be able cash in on the fact that most companies will settle rather then take on the cost of a trial. What they didn't count on was PXD telling then NO, so now MOSH HOLDINGS is stuck with their bluff........
That is my opinion on the case given the CURRENT facts and I'm sticking with it.
Here is the data you are looking for on the proposed and denied settlement,
http://biz.yahoo.com/e/080125/mosh.ob8-k.html
here is a description of the remaining producing properties without all the RA RA spin.
http://biz.yahoo.com/e/071114/mosh.ob10-q.html
How will they get money from JPM???, just curious as to your thinking here as JPM currently has LOANED MOSH about 4 Million that has to be repaid. heres the link on that.
http://biz.yahoo.com/e/080902/mosh.ob8-k.html
Back in December of 2007 from JPM
Judge Sharon McCally is up for reelection in November, she is a republican, here is the ticket.
http://www.harriscountygop.com/Primary08.asp
Hope she doesn't get caught up in this Dem lover thing or you could see a NEW Judge in this case.
FYI, Current judges appeal record.
Happy Reading
http://www.houston-opinions.com/Hon-McCally-Sharon-Judge-334th-District-Court-Harris-County-Texas.html
Like I said in that post, play it from the PXD side.
Is the judge in this case a Dem? just curious....
never heard of em, is it something I should look up?
just looking at the chart and the bid today, no need to bring JC into it.
This is the LAST day for the current MOSH rally. Down we go .25 soon.