fishin season
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Did not break below 40 RSi so far but moves easy and is held by a giant #... 1200+ institutions.
At the moment..... I like short term shares at 22.50 -23 IF, and after I hold 6 months they are near $1 cheaper with coupons. Or I Flip for 10% otherwise.
Think of it like a bank that pays 7+% interest,
Park and Ride
.
We saw Citigroup post a downgrade and a stupid (IMO) Price target, so today RBC raises their PT to $33 and maintains outperform. That is more the normal here.
Guess Ctit wanted to buy some cheap shares or profit on the short side?
I rarely see any articles that don't praise this company.
GLTA!
-pete
Enterprise Products Partners L.P. on Tuesday reported fourth-quarter earnings of $1.03 billion. The average estimate of eight analysts surveyed by Zacks Investment Research was for earnings of 54 cents per share.
Continuing to cover the healthy distribution.
long and strong.
Good to have a core that will never be sold along with shares to swing trade. EPD moves and nearly 1300 institutions hold shares.
GLTA!
-pete
YESSIR
As soon as they publish the barrel numbers on the new wells.
No debt company not worried about pumping anything but oil and natty gas. (pun intended)
Nearly completely owned and locked up by Mr Simon Kukes, the CEO.
Stay tuned for a 2022 acquisition by PED also. It is mentioned in previous ER.
Credit Suisse upgrade on the wires
Enterprise Products (EPD) Stock Advances, Credit Suisse Upgrades
Credit Suisse upped Enterprise Products (EPD) stock rating to 'outperform,' citing the company's solid risk/reward proposition.
https://www.thestreet.com/markets/enterprise-products-epd-stock-advances-credit-suisse-upgrades-13744181
They announced a large acquisition in Nat Gas space all cash which will increase distributable cash flow by est ave .20.
3.5 B
https://finance.yahoo.com/news/enterprise-epd-signs-3-25b-121612521.html
https://seekingalpha.com/news/3786516-enterprise-products-partners-buys-navitas-midstream-in-325b-deal
Plus they are back on their steady upward addition to the distribution, which they cover well and retain plenty of cash for worse case scenario.
Sleep well my fellow longs
-pete
Around 30 million short shares. (Down from prior 34mm)
Considering their hedge?
EPD sent a strong message.
I am guessing 15 mm volume.
My core is gaining those I did not flip over 23 and bought below 22.
GLTA!
-pete
Happy New Year and thanks you all for posting here.
Plenty follow this company, what's not to like or complain about?
So keep up the Due Diligence and make your choices like this one, you won't regret it, especially during unforeseen tough times when EPD had already figured in the worst case scenario and will cover the decent payout. Their track record is flawless.
Long since last century,
Best regards for the future to all of you
-pete
Patient capital is likely to be rewarded at these levels
Chillax
AVITA Medical Is Interesting, But Not Just Yet
https://seekingalpha.com/article/4476116-avita-medical-is-interesting-not-just-yet?messageid=2800&utm_campaign=4476116&utm_medium=email&utm_source=seeking_alpha&utm_term=RTA+Article+Smart
Pedevco Spuds First of Two Permian Basin Wells
12/08/2021 - MT Newswires
Pedevco (PED) announced Wednesday the spudding of the first of the two horizontal oil wells that it plans to drill this month in its Permian Basin asset.
The company plans the first well to have a depth of 4,368 feet with a lateral length of 5,270 feet and the second well to have a depth of 4,361 feet and lateral length of 5,600 feet.
Pedevco said the first production from both wells is expected in Q1 of 2022.
Welcome
No Worries
Put those shares away for the run coming in first Q 22.
Look at the filing in detail. SK Energy is Simon Kukes private 100% owned fund
https://whalewisdom.com/filer/sk-energy-llc
https://sec.report/CIK/0001745851
$PED volume was above average but capable of 10X that
Dig deep and discover
-pete
No debt No salary nuff said
200K added
https://ih.advfn.com/stock-market/AMEX/pedevco-PED/stock-news/86739182/statement-of-changes-in-beneficial-ownership-4
No worries as it is way down and may drop before it comes back. But when people quit the fear of dying from Covid and the world survives to be burned for real, RCEL will be there and Big Pharma will be interested.
JMO but it is based on much before and after real evidence, and people saved, scaring avoided.
I will agee the Principals are overpaid until it becomes what it should become. Never liked corporate graft. I would prefer a royalty trust set up for people to invest in.
The inventor is busy doing her teaching and Hospital work in Western Australia, but her foundation still owns this technology. There are royalties in the future.
-pete
Incorrect It is AVH on ASX and RCELon US Nasdaq
Exchange is 1 dollar + 1.40 Aussie dollar
BUT the shares of AVH are not 1:1 They are 5:1 to RCEL
Current AVH 3.70 coverts to about $2.64 + or - a penny
5 AVH for 1 RCEL
A $7 PT in Australia is $24.88 for Equal RCEL if you do the math based on todays exchange
$35 X .7109 = $24.88
I will hold my free shares till at least $20 here in the US. Let's see what happens long term.
GLTA!
-pete
corrections welcomed!
Pilots like Porgie and I know how and why the music died.
V tail Beechcraft Bonanza overloaded in bad weather taking off... big pilot error even flying in that weather. Being instrument rated wont keep you in the air if the wings ice up.
NO conspiracy, Waylon gave up his seat to Richie Valens.
Fate
Stevie Ray died
Eric Clapton was on the other Helicopter
foggy
Pilot did not know about the terrain with tiny sharp hill that rose out of the flat land.
Fate
Powell had two forms of Cancer and Parkinsons.... he Was 84.
But of course he died of Covid and we can all fear the reaper.
Over 50 years ago...
Trout Fishing in America
by Richard Brautigan
Remember the last line in this one from the Kool-Aid Wino?:
He created his own Kool-Aid reality and was able to illuminate himself by it.
https://xefer.com/2003/02/koolaidwino
Yessir those channel traders will soon appear to grab a few crumbs. Long Term winners see the bigger picture. This is a good investment.
JMO
-pete
Traders play daily and the market wants to be unpredictable. On Line trading Academy teaches channel trading with no attention to basic truths and fundamentals. Money is made with the chart method, but long term investment in companies that cover all the possible scenarios works even better.
Keep the core and play with the traders when you think you understand their short term motives. And know the market makers get to know all the stop sells and cover points.
The most unpredictable part of the equation is always the run away gov spending and possible rule changing to cover their corruption. I have always thought being a public servant should be more like Jury Duty than a means to get rich at the taxpayers expense. But who would go there to vote themselves a term limit? Limit their time in the candy store?
ER mornings are generally good buying opportunities early. I grabbed a ticket this morning.
GL and best wishes Tom
-pete
Comfortably capturing profit along with over 1200 institutions that think similar.
EPD beats and increases revenue.
Enterprise Products Partners Q3 Earnings, Revenue Rise
6:41 AM ET, 11/02/2021 - MT Newswires
06:41 AM EDT, 11/02/2021 (MT Newswires) -- Enterprise Products Partners (EPD) on Tuesday reported net earnings of $0.52 per unit in Q3 compared with $0.48 per unit a year ago.
Analysts surveyed by Capital IQ were expecting $0.51 per unit.
Revenue amounted to $10.83 billion, up from $6.92 billion a year ago. The consensus estimate was for $8.51 billion.
Best Investment proven over time.
GLTA!
-pete
Bleating Sheep Market
Buy low sell high. Pay no attention to channel trader's attempt to steer your course. Hold your free shares and let your kids inherit. Chess not Checkers
Dump the 10% bad choices. Avita is not one of them
JMO
GLTA!
-pete
Many could learn from that, Cat, with a tiny amount of common sense, sadly lacking.
We have exchanged common interest messages about aviation and the tragedy of Stevie Ray Vaughn.
Let's go Brandon.
Enterprise Products Partners declares $0.45 dividend
Oct. 12, 2021 6:10 AM ETEnterprise Products Partners L.P. (EPD)By: Deepa Sarvaiya, SA News Editor22 Comments
Enterprise Products Partners (NYSE:EPD) declares $0.45/share quarterly dividend, in line with previous.
Forward yield 7.66%
Payable Nov. 12; for shareholders of record Oct. 29; ex-div Oct. 28.
The company will announce its Q3 earnings on November 2, 2021, before the market opens.
Good points both. There are not a lot of followers posting here but I suspect a lot read this board. Thanks for posting!
No need to follow as it is not going anywhere, (Yogi Berra would say that, and as you can see by my Default Signature I loved his smarts. But it moves slow precisely because it is very big, safe and "boring". Over 1200 institutions hold it. Stability means well managed growth with conservative management and plenty of cash held back in case of the unforeseen.
K1's -easier than ever with information on line. you or your accountant have no worries
EPD has a great record of increasing distributions.
I think of EPD as a place to park money I hope I will never need, so you have to have lived under your means to get here. And living below your means is the key to happiness in life, IMHO
Stepped up cost basis for those that inherit is the last best reason and the perfect end game.
Best of luck and wishes
-pete
Oh and yes I think oil is headed up again.
Enterprise has more articles on Seeking Alpha than any other energy company and most authors have a position.
Nuff said
Protocol required:
EPD Is a company that won't keep you awake at night
Expected ER date:
Third Quarter Earnings Announcement Expected: Earnings will tentatively be announced 10/27/2021. With 17 analysts covering EPD, the consensus EPS estimate is $0.52, and the high and low estimates are $0.56 and $0.49, respectively.
Expected Timing: Before market open
Excellent management and easily cover a generous distribution
GLTA!
-pete
As a long holder of free shares I will add a few here to channel trade. This is a good opportunity.
I am glad I don't need skin healing or regeneration of the "largest of organs". Scarring is the issue.
https://en.wikipedia.org/wiki/Human_skin
I have seen first hand the benefits RCEL provides and would request it's use if I faced the scarring from deep layer burn damage. In that it has proven life changing over and over.
Most here understand the unique position this technology is in. Patents secure in Dr. Wood's Foundation. The world of big Pharma sees it too, IMO, and would like to own it as cheap as possible. Not today.
With big pharma it is always "follow the money". Even with royalties they will give the foundation, owning Avita and taking out the high paid Board of Directors will be worth more than $30 a share on the way to being swallowed.
Just my opinion.
GLTA!
-pete
I hope the channel traders were in for the rise, and not caught short... it was a buyers dip, which will have legs in the free society when it returns. A 2022 ABA burn conference for instance. See you in the Spring.
Some here will recall the catalyst when it was a major sponsor. I think it will be again.
GLTA!
-pete
If there is any dry powder it is a good time to park money as it is Ex Day... 7/29/21 Those that captured can sell now and collect the .45. You just gotta wait 90 days for the next distribution, so use it like a savings account.
You know the drill. (drill baby drill)
GLTA!
-pete
No worries Tom.
Even though these days you can rely on the new channel traders to sell the news... Folks like us are long ago free shareholders. The fundamentals of EPD are rock solid. Today here there is no sun with dark cloudy skies and very little wind. But the lights still work... Just sayin.
Sense of humor is important these days...
EPD made .50/share beating est... rev up 64+%
Revenue of $9.45B (+64.3% Y/Y) beats by $1.54B.
https://seekingalpha.com/pr/18411242-enterprise-reports-results-for-second-quarter-2021
I agree with your assessment and would spend a lot of dry powder here if I had any, but I am waiting on some others at the moment. I took lots of profit since buying it as AVXMY and the position is a long ways past free but only 5% of my account. It deserves better, lol.
The newly approved juvenile business segment alone with scalding and burns like the lawnmower fire alone will guarantee increasing numbers. It is a life changing event to not have facial scars, as the report gave us details.
As the awareness returns and the ABA meetings become in person I suspect Avita will be a sponsor again... tick tock
IMHO it has been compared to stocks worth triple that are less life changing, and much faster in recovery time.
just sayin
RCEL is way undervalue here.
-pete
I am trying to plan a trip over the northern border and the border rules are still very stupid. PCR test required negative within 72 hours of departure. Vaccinated only, but I remind everyone daily that the essential seller of pull tabs at the Moose lodge is allowed to go back and forth daily. Truckers? No tests are needed... we all know they are essential, but working at a window factory an hour inside the border of the US and going home to Canada daily has always been OK too.
And if you think Joe knows any of this I have some an Ocean beach here to sell. and I am as far from the Ocean as you can get.
-pete