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$7.65 today.
Why is this rising? Only Blue knows and well.....
Morgan Stanley downgrades STMicroelectronics to Underweight
Morgan Stanley downgrades STMicroelectronics to Underweight
Citing what the firm considers an overdone rally, analyst Francois Meunier moves from Equal weight while raising target from €5.25 to €7.
Timing is EVERYTHING!
Seadrill: Expect Massive Downside In 2017
But, JF is a billionaire, he will bail us out
Summary
SDRL’s receding backlog and lower dayrates will lead to a strong erosion in both its revenue and earnings next year, leading to strong downside in the stock price.
The biggest headwind that SDRL faces is a decline in capital spending in the oil and gas industry, especially offshore drilling, which is leading to an oversupply and hurting dayrates.
Considering the expected decline in SDRL’s revenue next year, the stock could slide as much as 30% considering its price to sales ratio.
Since SDRL’s bottom line is expected to take a more severe hit, its stock will go down by around 80% given its average P/E ratio, giving investors a shorting opportunity.
yes, it looks like a 400 share market order. He got what the market was willing to give, THE BIG DADDY DOG!
Seadrill Restructuring: What To Expect
Current shareholders are likely to face substantial dilution.
Heavily indebted Seadrill (NYSE:SDRL) has $3.2 billion of debt due in 2017.
The Company will have success with its lenders and key financial stakeholders; bankruptcy will not be contemplated
But don't you worry, cause JF will do us right, in the end. We will have a Happy New Year.
over at the FOOL, they think maybe...the sucker rallies were real
Bawahahaha
3.42 close
Friday SALT could never get over 5.00, for long, and the options I sold, expired, worthless.
I most likely will sell another $5 call, maybe the January. The call next in line is the $7, will have a very low bid, and if I sell a $5 call around 5.80, maybe I get a $1.00 for it, and should really expect it will be taken away at $5. My net price would be 5+0.25+1.00 = 6.25.
Sure, I bought 300 SALT @ 2.775 on 6/30/2016
I watched in pop up on 7/1/2016 and Sold 3 SALT Dec 16 2016 5.0 Call @ 0.25 (168 days to expiration) for $62.66. This was protection money for me and I did not know SALT would rise for sure.
That call option gave to one who bought the option, that I sold the right to 'call away' my stock from me at $5.00 at anytime up until Dec 16, 2016.
The stock has been up above $5 and made it worth the effort to take my stock. Now it is below $5 no one will pay me that much. If I buy the option back, for less then I sold it for, I make the difference. And get to keep the stock, no matter what the price does.
If the option expires 'out of the money' I pocket the entire amount I sold it for.
Simple Options Trading
One place I googled, there are many more sites, with better write ups than I did.
I see after hours the price rose above 5.00 again, mmmm.
The 16DEC16 $5 call was still at 0.05x0.30. I was bidding 0.05, and withdrew when no takers. Price now 0.05 x 0.10, and I will let my calls expire or they can have it at $5.
0.05 x 0.20 5 minutes later.
I owned this for too long.
Corning Announces New $4 Billion Share Repurchase Program.
Corning Announces New $4 Billion Share Repurchase
Market cap now is US$ 25.49B They already are ending a $2 billion buy back at the end of this year. $4 billion more is another 15.7% less shares.
Despite the recent rally, Seadrill equity has zero value.
Seadrill Equity Is Worthless
CS has a $28 price target on KMI. Implied upside 31%.
Kinder Morgan: Credit Suisse's new #1 MLP pick
"KMI says it is confident in its outlook for growth, supported by a $13B backlog of energy infrastructure expansion opportunities that have a high probability of completion over the next few years."
Kinder Morgan sees $4.46B in 2017 distributable cash flow
GLW has room to grow and I think still buying their shares back, too.
A good short at $3?
Seadrill: Trouble Brewing On The Horizon
OPEC's decision on Nov. 30 to reduce oil production might jump-start upstream spending in 2017, but significant near-term debt obligations presents considerable risk for investors.
Seadrill is unlikely to have enough cash to meet these significant debt obligations.
Kinder Morgan: Ladies And Gentlemen, Warren Buffett Is Leaving The Building
Kinder Morgan: Ladies And Gentlemen, Warren Buffett Is Leaving The Building
Conclusion
"When I'm looking for a stock to buy as a dividend and income investor, I'm looking for three thing - safe and predictable cash flow, a low-risk company profile, and a yield of at least 3%. I do not feel Kinder Morgan fulfills any of these three characteristics currently."
B.C. Premier Clark backs Trans Mountain as opposition could get ugly
B.C. Premier Clark backs Trans Mountain as opposition could get ugly
I think this is just a short sucker rally. Do you think I should be selling my RE LOAD, hummmm?
21.70 right now. The volume is extremely low. Approval must have been built into the price. See what the big boys do tomorrow. If they banned tankers, how will they get the oil to a market?
But the sucker rally, and the loan from JF, the billionaire?
Seadrill: Don't Expect A Turnaround
More negatives to consider
Due to the weakness in the offshore drilling market, Seadrill is witnessing a consistent decline in its backlog. For instance, last quarter, the company's backlog fell by $600 million
Conclusion
Seadrill's bad times are not over yet. The company's bottom line will continue to get weaker as its backlog diminishes, while the possibility of a turnaround in the offshore drilling industry is remote. As such, investors should continue to avoid Seadrill despite better-than-expected results last quarter as it is set to face more weakness going forward.
It is going up on small volume. 11/9/16 loss of 4.54/share.
Confidential Treatment Order (ct Order)
Date : 11/28/2016 @ 2:43PM
Source : Edgar (US Regulatory)
Stock : Centrus Energy Corp. Class A (LEU)
Quote : 5.77 0.63 (12.26%) @ 3:59PM
Volume: 182,142 (light)
Confidential Treatment Order (ct Order)
I do not know what that is. Blue bailed at 4.20 :)
5.56 now!! Did you reload?
KMI 44 in April, 2015 and $11 in January, 2016 and you claim there is no chance. LMAO. I bought plenty, and what one does not understand, they will never know.
The stock finally goes up and the partee is over?
That means its $2.74 share price could fall further. Avoid SDRL
It looks like the market is increasingly skeptical on John Fredriksen's desire to help the troubled company.
If you bought in during the short covering sucker rally in March, you are probably averaging down in this one. LMAO, when you learn grasshopper, may it not be from the handle of your shopping cart, as you push it down the street with all your belongings.
NAT has just gotten reasonably priced,(5-7), and is becoming lofty at these levels.
Why would they? Just because they have so much cash?
I do not even see that option quoted: Seadrill Limited (SDRL) Option Chain
A buck would be a nice premium, though.
If the above event comes to pass Seadrill will see a major move upward.
Seadrill: Debt Maturities
Seadrill's problems (and they're big ones) are its debt maturity and purchase commitments. $2.388 bil has been reclassified as a current liability, i.e., due within one year or less. The due date is June 30, 2017. The maturities continue at this level through June 30, 2020, totaling $9.6 bil. They are also on the hook for over $4 bil worth of new rigs through 2019.
The company is making moves now.
Building the IOT, Nov 2016
It must be loading zone!
Centrus Energy (NYSEMKT:LEU): Q3 EPS of -$4.54
Revenue of $21.4M (-26.7% Y/Y)
Press Release
Jones Soda Co. (QB) (JSDA)
0.395 -0.025 (-5.95%)
Volume: 29,784 @ 12:10:01 PM ET
NAT is still a a short, EURN I sold part out at 8.05. I lucked out and got the high for the day. It does happen, once in a while.
I bought CPLP and TNK with the proceeds. I have more EURN and am not looking to buy back what I sold at this time.
The whole tanker industry is being hit hard in this market. Tanker stocks are always volatile. I bought more
This is the analyst I am following J Mintzmyer, Premium Contributor
"DHT management has been very conservative recently. They were talking about rates temporarily peaking (note their cycle chart in their presentations) even in late 2015 and early 2016.
Unlike some of their peers, they have a clean balance sheet and they don't resort to PR 'spin.'
The "past 18 months" referring I suppose to Jan15-June16 were a fantastic run. If the market truly expected the next 18 months to be remotely similar, DHT stock would be $20+.
Management's statements were therefore very measured and fairly obvious. There have been a near-record # of VLCC deliveries in 2016 (2010 and 2011 were higher), but 2017 and 2018 will be lower and newbuild orders have plummeted.
Fleet dynamics for modern vessels (15-years or younger) are very balanced."
After our new low, 2.03, found support I got more at 2.07.
2.10 a new low on the year. That you got it at the bid price means that the Market Maker did not even want to hold it! We will know why before the open on 11/3.
I bought today at 2.16. Under the 2.21 I took a long position in before. If you shorted during the bone head rally, good for you. Time to cover, now. Seadrill: Investors Can Expect A Turnaround
Traders booked 141 spot cargoes for the month of October, the highest in at least 12 years, and dayrates on shipments from the Middle East to Asia jumped to nearly $46,900 while a surplus of crude tankers in the Persian Gulf matched the lowest level in a year, Bloomberg reports.Bloomberg: Tanker rates jump as Middle East cargoes rise before OPEC deal
Oil tanker rates have jumped to a four month high as traders booked the most-ever cargoes for this time of year, offering signs that Middle East producers could be adding barrels to the market just before OPEC cuts.Bloomberg: Tanker rates jump as Middle East cargoes rise before OPEC deal