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Well, that news sucked.
They also said QEP would go bankrupt and they beat estimates and went up over 100% in one day.
Don't trust just one analyst, especially when the analyst who made that downgrade on CPE was a new employee from New York with a bachelor's degree.
Let's play a guessing game.
I say Monday we open at .93
Looking forward to Monday morning. What's your price prediction Aussie?
7m bid? Dang, I don't have L2, can you post screenshot?
Wow, if that's accurate the earnings are up over 170%... I guess we'll see Monday morning
OAS earnings report Monday morning should be positive. They have decent hedging for the rest of the year and a projected positive cash flow.
Why is it measured in black?
Yes, report was great! Looking forward to tomorrow.
Earnings after the bell today. This will make you money by tomorrow
Where do you use that at? I've never read the Yahoo boards.
Exciting things should happen this coming week after the earnings report. Congrats to everyone with shares.
$CPE
Monday
This and CPE should both hit $2 next week. Have a nice chunk of both.
If the report is coming out Monday morning we should be over 1.00 now or AH today out of anticipation.
9am? They usually put them out after 4.
This could be a easy 20 bagger in a year if I can get more 2's.
Yes, I still mean tomorrow. At the time I wrote that I was with Doc Brown and it was actually next Monday.
Today is May 1st, not April 1st
If the A/S comes out to a billion, I can't see this going to .50. The revenue reported is consistent with current share price if that turns out to be the case.
With the earnings coming out Monday, CPE is very undervalued even under $2.00/Share
And it will keep rising. This should turn into another green day for oil close to or at open.
Tomorrow should test 1.50-2.00 with positive earnings coming out early next week. Picked up a few more shares today on the way.
Looking good for $2 tomorrow
Shorts are keeping this down for the time being it looks like
Can't wait for 2.00 today. In for 20k shares at .56 on tuesday. What do you guys think about CPE or OAS financials for next week?
I see closer to $2 by the end of next week.
The volume is less than 200k, if someone wanted to buy 50k shares right now it could either go to .45 or a dollar.
Way more sells than buys this morning. Hope that changes and someone doesn't know something we don't.
Yup. One of the reasons I'm in here. No debt due for 3 years and the hedging will save them from the virus bankruptcies. Will be back to dollars very soon.
$CPE $10/Share soon?
"Piper Sandler, on the other hand, stated in their research note that they expect to see CPE stock at the price of $10."
https://newsheater.com/2020/04/23/callon-petroleum-company-cpe-good-time-to-look-at-fundamentals/
Kinda strange how CPE, on paper is the best oil stock under $1 out there and two other smaller companies hit $1 before it, I think we get there this coming week and unlike WLL and OAS, CPE can and should actually stay there.
They have until September to get share price over $1 and if not, then they will vote on RS.
Not sure why you felt the need to stalk my profile and pick that post out. But, thanks for confirming what i said. The reverse split is "possible" just like it is with OAS if they can't maintain $1 for 30 straight days.
Only if they can't get back to $1 before September. Same for OAS and WLL
CPE is tomorrow's OAS
CPE going big tomorrow, Wednesday was WLL, today was OAS, tomorrow: CPE
CPE going huge tomorrow
I drank last night, i meant CPE, yes, go CPE!!
CPE will go up so much you'll need CPR
WLL and OAS both had thier 100% gains this weeks, guess who's turn it is now? $$$$CPS