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Then I'll buy AUPH. Still under $2 though
Nope. AUPH is not the buy then. I mistook the stock. STEM is the real deal.. I'll be selling 9000 at $2 in a minute. Bot premarket at $1.34
Buy STEM while waiting for AUPH
I'll do $1.88 to $1.90ish on AUPH. Maybe not today but I see it. With zero catalyst and heavy shorting enthusiasm...my price target is a given. Now, if the company issues some additional shares, I'll get more at $1.70s. keep an eye...
I shorted some more @$23.75. I love these buyers. Happy weekend to all. Stay short in GEO if you have some ear and want to hear with it. It's going to meet the taste soon.
I didn't touch it at $2.15. it seems like some game going on with any bid being filled. The last time I saw stuff like that the company issued shares. With all the shares sold here and the sellers not even afraid, I believe they are in bed with management and a possible share sale coming. So I'll wait for $1.70. I am.too smart to touch this with all these mm/ short gaming going on.
Re-entry is ok but not for me now. Better opportunities elsewhere. Don't fall in love with these stuff. They are not pretty women!!!
Good job. Was never in. I would have gotten some at the $16 level yesterday just because it was expected they'd do something to try to downplay a terrible event. But I never had the opportunity. But what the feds started will be a wave. It's been on medium to low level heat for some years now. Some folks have shorted on that possibility. Yesterday, they got rewarded. Now the tendency is to wish it off and keep buying. However, I wish I could exhibit any such optimism for a.dying industry. Wait until the activism erupts in the local level which would happen. Some official is already taking heat for an AZ award to GEO. It will spread. JMHO. Short.
It will head back to $15. Very stupid thing to announce an extension a day after major Fed policy reversal. The PR was clearly meant to mock the policy. But it's shooting oneself on the foot. Further, there's campaign at the state level (Arizona) against GEO in particular. I shorted at $23.17 and will add to the position as funds are freed. Sentiment is Tasty Short
Yes, but the momo is gone. I sold all but 2000
Trying to reenter @$2.15. Praying for that name and waiting
Lol. Shorts running scared and wild now. And look at me with a wand of casshing
Anytime to get back in here IMO. Let's see how it trades on open....
With the.numbers here I'd be going all in if it wasn't that the CEO is Curious George. A very unpredictable guy and that's why the stock went down in the first place. Virtually every of their competitors are talking of some sort of restructuring or the other but their stocks rarely tank. But with George, you never know. Because either way he still does well whether through restructuring or through the stock. So that is our gap down. But that uncertainty pales when you look at their numbers and oil recovery
Yes, but like in "Hustle and Flow," you've gotta keep your hustle tight. I like seeing something locked in. Sold 3600 out of 11500 and keeping 8000 . Bot 7500 at $0.69 and 4100 today at $0.784. If if pulls back ( shorts are full of games), I'll get the 3600 plus some more. That way, your money works at optimal range for you.
Instill have 700 shares and my target is 30 cents away. Been a good one since five trading days....$8.92 to $12
Shorts are fighting now so I just took some off the table. Watching for the momo
Where did you see that? Not sure but it will hit $1.18 short term. I'm looking at $1.07. That is my short. This is from a trader's perspective. The road is clear enough
I hope you guys read that SA piece showing that even by 2019, ORIG will still have some $250 million in cash assuming they didn't get any more contracts through 2019. I wish I read that earlier. I would have done 35000 shares at $0.70
$1.05 today.....it must get there. So don't even think about selling. Why stay there when it's going down but cut and run as it is about to head up?????!!!
Bot 4100 more at $0.785 now holding 11600 shares. Lol
7500 at $0.69 looking solid.
Google this SA piece that appeared late on 8/15 titled: "Ocean Rig Is A Great Buy For Patient Investors"
"Under that scenario, cash flow from operations in 2017 will remain healthy with $ 365 M;
The EPS numbers exclude gains from debt repurchases. EPS from operations will be around break even to slightly positive in 2017. Ebitda is around $ 950M in 2016 and close to $640 M in 2017.
Under the simplified assumption that all revenues and expenses are translated into cash in the same quarter, cash is estimated at $470 M at the end of 2017. With no new contracts in 2018, which is highly unlikely, the company would start to burn cash in that year, but still have near $250 M cash at the beginning of 2019 (no payments for new ships assumed).
ORIG is currently trading around 3% of book, consisting of high end assets, as if it was facing immediate insolvency, having uncompetitive assets and a disappearing market. All that is absurd."
Yep. I can see Russia from my bedroom. Last time it ran from $0.77 to $3.40. If history repeats itself...whoooooaaaa
Don't expect to hear or read anything here from the comfort the next month or so. That's how silly the shorts moves here can be. They assume this will all go down this week. Sorry folks, it will take more than 30 days to hear from Curious George again. By then, ORIG would have made several trips to $1 .
Please when you see that just sell your wife and kids and load with the proceeds. Hold it for a while and triple. Did it in Paragon Offshore...despite its pitiful state. It still has over $50 million mkt cap. If you factor in 47 percent that will be given to lenders, that will be some $100 million. And t will still have over $1 billion debt. So make money from shorts. Last week I loaded KEGX at $0.055. Sold for $0.13....netting over $7000 .in a company that was left for dead. Lol.Have a good day!
My prayer for ORIG is that the sell lower it to $0.60. Now, if I get 25000 at that price point I should be in good shape for this month. It is a buy one get 1.50 free IMO when you check it against peers like SDRL or ATW. So, I keep an eye on it all day and root for the sellers. My money is in here....I just don't know how much.
So I put the first 4000 order in at $0.681. Believing that it filled, I put another for 2000 and another for 1400. None filled. Not even one. I cancelled all in anger.
Unbelievably that I had to put in three different orders at $0.68 and thinking that they filled. None did. My broker is a mess
Of course. How can you put any real money here. For those buying heavy...I wonder the kind if gem they smoke! Some really strong stuff to make you really brain-dead
Bot 4400 for a trade at $0.778. Looking at $0.844. for some $240 quick one
An ancient African saying goes: If a chicken wants to know what the owner has in store for it, it should look at what happened to the one now boiling in the pot. So, if any ORIG shareholder wants to know what Curious George is planning for you, please look at what happened to those DRYS foolish buyers. He mauled them.
Really not sure why anyone should hold ORIG overnight. George of the Jungle is an erratic crazy fellow. Can do anything anytime. Don't invest in him. Despite ORIG having $2.2 billion backlog (better than most peers) and $500 to $800 million cash) Curious George chose to hose investors with acid water.
Well, I am waiting at $0.70. please buy AUPH. It's headed tob$4. Bot 6500 today at $1.96
One of the few times a downgrade might mean upgrade. It's not coming to my $0.70 target because of Deutsche Bank Hold rating. Which means that while others see all hope lost, the bank says to everyone...JUST CHILL. I haven't entered yet today...looking for under $0.80. Meanwhile I am loading AUPH
Vincent...I tell you...down here,. Sell your household and put it in here. You'd double up and back them back. Please don't see your wife or kids ?? but everything else.
If you ask me $0.66 will be bottom. Not sure whether I'll get there this week but keep free cash to buy all you can in that range. That way, you'll make some 90 percent in the $1.20 range in the short term.
Yep. If DRYS teaches anything it is that Curious George will just watch shorts and longs kill each out out before acting. He has not paid DRYS lenders since February. DRYS has not gone bankrupt and did RS today. So it is going to be a long wait here for both shorts and long. So I scalp pennies and dollars
Bot 4000 back at $0.802. I sold that early today at $0.88. Thanks to the idiots that sold to me. May sell it today again at higher 80s
Not until trader discern what curious George is thinking. The bankruptcy talk is gibberish if George is thinking otherwise. Look at DRYS...should have been bankrupt since February but Curious decided to keep it there while providing his thought pattern to the hedge funds that trade it. ORIG is one of the best positioned in the deep offshore platform but look at what Curious dis to its shareholders. I bet you he gave other shareholders the details of his mind last week and they made a killing. They will return his share. So, forget bankruptcy talk here just watch Curious George. If you short just because you heard bk, you will be buried when he exe Utes his plan. He still owns 10 percent. I sold all positions today. I am now rooting for $0.70 to buyback. I don't wanna be tied up on my cash waiting for George to finish his masturbatory whims