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NO DEAL !!!!!!After meeting in Brussels with European Commission President Jean-Claude Juncker and Dutch Finance Minister Jeroen Dijsselbloem, who also heads the group of his euro-area counterparts, Tsipras stuck to his position that any basis for an accord must be a Greek proposal. He said the plan should avoid spending cuts and tax increases, rather than what was drafted in recent days by creditors.
“The realistic proposals on the table are the proposals of the Greek government,” Tsipras told reporters early Thursday in the Belgian capital. We can’t “make the same mistakes, the mistakes of the past,” he said.
Months of impasse looked closer to being resolved this week after a flurry of activity starting with European leaders and the International Monetary Fund meeting in Berlin on Monday night. Tsipras now returns to Athens with the euro region pressing for an agreement to be wrapped up by June 14, according to a Greek official.
Like I said if you don't stay in you could be left behind
yesterday's news was good.Rigs in Saudi that continue working will be there when the good times come ...tnat's
money in the back now and much more as oil goes up
Greek holiday today. Good thing because nbg would've got slaughtered today as negotiations over the weekend did not get Greece the money
NO DEAL... and no one is surprised
A few years back I was penny pinching MIC around $1.00..... I was on the computer when it went down to .87
I was going to buy it but decided not to. I thought it was going to go further down but it didn't... four years have passed and it got close to hundred dollars..... I could've made over $2,400,000.00.... I would've made that because I was waiting for a stock that after I bought ; it would go up a few dollars and I would stick to it ...
I'm not going to take a chance here. Hero is one of very few stocks that is super cheap and one day it will reach 4 or 5 dollars.... so I will keep my shares and buy on dips...
Nbg outflow 6.15 billion euro in April...
Deposits lowest in 10 years
nbg was at 1.09 euros today in Athens
Greece wants to leave the euro zone..... Greece does't want to come out and just say it. Greece wants to be denied the money and then the world can blame Germany and the rest of the European countries.
New world order at work....they'll up it at their convenience
BRUSSELS (Reuters) - The euro leapt, Greek bond yields fell, global financial markets brightened, but nothing actually changed in another day of conflicting statements on Greece's long-running debt talks with international creditors.
Traders latched on to an upbeat statement issued by a Greek government official on Wednesday afternoon asserting that negotiators were starting to draft a "staff level agreement" - a prerequisite for releasing any more bailout funds.
The snag was that talks had not even resumed at that point due to a Belgian air traffic control breakdown that forced the Greek delegation's plane to land in Duesseldorf, Germany.
When the meeting with representatives of the International Monetary Fund, European Central Bank and European Commission finally began several hours late, there was no start on drafting a deal because too much remains to be agreed, EU officials said.
"We're not there yet," an official following the talks said.
Desperate to receive more funds before it runs out of cash, the leftist-led government of Prime Minister Alexis Tsipras has alternated between lashing out at the creditors, especially the IMF, and declaring that a deal is just around the corner.
EU officials and euro zone paymaster Germany have rushed to pour cold water on such optimism, saying that little or nothing has changed at the negotiating table.
On Wednesday, European Commission Vice-President for the euro Valdis Dombrovskis said progress was slow and listed a string of issues including pension and labor market reform and fiscal targets that remained unresolved.
Hardline German Finance Minister Wolfgang Schaeuble went on television to say: "One is hearing all this positive news coming from Greece. That's nice. But on the substance, we haven't got much further in the negotiations between the three institutions and the Greek government."
Nothings changed since yesterday... a few buys and people jump in.
This will be less than $.20 if Greece does not get their money.... and chances are that's what will happen
This is total bs....
Plus the company could give out some sort of news ....ie...
"we've got enough cash to survive this down trend in oil"
Picked up 2500 more to stand at 20 T shares
.80 plus by end of day
Recent job postings...North Sea?..
Sr. RSTC - Intl (NS)-Full-time
UK-SCT-Aberdeen
Job Posting:May 14, 2015-Requisition ID 00001738
Apply|Add to My Job Cart|Share
Buyer (NS)-Full-time
UK-SCT-Aberdeen
Job Posting:May 13, 2015-Requisition ID 00001737
Apply|Add to My Job Cart|Share
QHSE Lead Advisor (NS)-Full-time
UK-SCT-Aberdeen
Job Posting:May 12, 2015-Requisition ID 00001736
Apply|Add to My Job Cart
Banks under government control very possible soon .....
From Greek news :
"Far from giving Greece a break, the Governing Council is expected to tighten the screws next Wednesday by placing further restrictions on emergency cash the central bank provides to keep the Greek banking system from collapsing."
Paragon offshore beats Street by 50%....
Way up in after hours....
$3 to $4 by September...those who buy and hold will win big.
Those that are selling and miss getting back in only make money for a Big
Mac
By Mehreen Khan
10:00PM BST 12 May 2015
Athens is forced to tap reserves at an IMF escrow account after reports suggest the Fund will not participate in a fresh Greek bail-out
Greece avoided an unprecedented default to the International Monetary Fund on Tuesday after raiding its emergency cash account at the Fund, in a major sign the country is edging ever closer to stiffing its senior creditor.
Athens tapped €650m from its "special drawing rights" (SDR) account held by the Bank of Greece at the IMF, scraping together a further €100m in cash reserves to avoid going into arrears.
The news came after reports in Spanish paper El Mundo said the IMF was ready to pull the plug on the debt-stricken country.
News on five year contract any day .....
HOUSTON, April 2, 2015 /PRNewswire/ -- Hercules Offshore (NASDAQ: HERO) announced that it has signed a five-year contract with a subsidiary of Eni S.p.A. for use of the Hercules 260 in West Africa. The dayrate under the contract will range from a minimum of $75,000 per day when the price of Brent crude oil is $86 or less per barrel, to a maximum of $125,000 per day when the price of Brent crude oil is $125 or more per barrel. Contract commencement is expected in early April 2015.
Oil futures up this morning to $61.49
That's what I thought but here's what is written on news articles......
And this is a quote from one....
Hercules has to hit the $1 per share mark for at least 10 business days in a row by Sept. 21 in order to regain Nasdaq compliance."
"
Two days over $1 ....8 more days to go...
Anybody with extra money should hit the $1 mark for the next eight days...
Oil at $60.69..... looking good
Oil 60.81 as US dollar drops... we should get over a dollar today and hopefully it'll hold for the close
Like a broken record.... eurogroup sees progress but wants more
Slowly getting rid of the penny pincher's....
Little do these people know that you have to stick with it to make the big money
Minus 7% in Greece
I'm not talking about you. I'm talking about the person or persons that sold from 96 to 84 Thursday morning. You took advantage of it which is okay by me
Whoever sold knows squat...
Plain and simple idiots
OT :HUGE NEWS FOR HERO!!!!! Aramco the company that extended Hero's offshore contract put out this news today.
Aramco’s board, after meeting for an annual review of its long-term plans last week, decided the best response to the slump was “to stay the course.” A few days earlier, its Abu Dhabi counterpart, known as Adnoc, said it would invest $25 billion over five years to develop some of its biggest offshore fields.
HUGE NEWS FOR HERO!!!!! Aramco the company that extended Hero's offshore contract put out this news today.
Aramco’s board, after meeting for an annual review of its long-term plans last week, decided the best response to the slump was “to stay the course.” A few days earlier, its Abu Dhabi counterpart, known as Adnoc, said it would invest $25 billion over five years to develop some of its biggest offshore fields.
Saudi Arabia wants higher oil prices and it's getting it
Oil up in premarket again
Oil up to $61.87 as I'm writing this.
Like I said yesterday it's going to pass $62 today.
Hero ending over a dollar today . I think so
That plus : Oil futures rose in electronic trading late Tuesday after the American Petroleum Institute reported that crude supplies fell 1.5 million barrels for the week ended May 1.....
These three factors will see oil go up tomorrow..
Probably hitting $62.... All good for hero
Lots of new buyers came into our family today. The ones that sold are happy and the ones that bought today will also be happy in the days and months to come.
Saudi Arabia raises oil prices. Libya oil output slows...
Oil hit $61 today and going higher tomorrow along with hero
Oil over $60 this morning
Greek news is so bad this morning I won't even post it...
I will however say that I told you guys to get into Hero when it was in the .65 range a few days ago.
It's up 33% in that time... it's now .91 and if it gets over a dollar today or tomorrow this thing is going to fly