Bought 4005Cs at .70. So far so good
API says...Farmer @ Johnsongrass, TX said:When I wrote that original post 5 days ago, March 16th, it was $108 as a target but I didn't type it.cjo03 said:Farmer @ Johnsongrass, TX said:From 5 days ago.Farmer @ Johnsongrass, TX said:
I'm not watching all O&G, but the one's I'm watching are green, except for XOM. I've been preaching XOM manipulation along with WTI & Brent. Okay, if you don't buy off on conspiracy or manipulation, just consider it luck that everyone else is buying all other O&G's and totally missing XOM....a real diamond in the rough...a hidden gem... You might consider buying.
I hope somebody jumped on this.
Paging Benelli M4 Single Shot, brother I hope you hung on to PXD.
what is your current XOM target this round? you've been nails over the past year.
HOWEVER,...
XOM 65 Day Moving Average Volume was 16 million
On Friday, March 17th, the Regular Session Volume was 43.2 million (there was a 21 million share volume adjustment 8 minutes after the closing bell). The After Hours session ended with 5.95 million volume.
Yesterday, March 20, the Regular Session Volume was 32 million with After Hours session at just under 2 million.
All this took place in an upward price moving market. - Bullish - Frankly, I don't know what the hell took place but it's bullish. Somebody got Long and someone exited.
For this week, I'm keeping $108 as the conservative target and potential to move to $110/$112. We are getting close to month end and may see some setback (maybe) at month end.
Between today and month end,...if API numbers today and EIA numbers tomorrow, both show significant draws, that high end of my range is very doable. We should see significant draws in both sets of numbers.
Hope this helps.
oldarmy1 said:
SPY Lotto tweeted at $0.12 sold at $0.50
Trade exposure less than 5 minutes total.
CATHIE WOOD SAYS BELIEVE OUR COMPANIES WILL SEE EXPONENTIAL AND SUPER-EXPONENTIAL GROWTH - CNBC
— *Walter Bloomberg (@DeItaone) March 21, 2023
We took a good idea (aligning incentives of top executives and decision makers with the success of the company and it's shareholders) and pushed it too far. Now it's something that is almost demanded by kids coming right out of college that have almost no impact on the financial bottom line.Dan Scott said:
Stock based compensation is starting to piss me off. I looked at several 10Ks today tonight of stocks that have been crushed. Huge stock based compensation in all of them. Crappy company goes public, uses it's stock as currency and dilutes shareholder. If your company is cash flow negative and loses millions/quarter, your salary including stock shouldn't exceed $1M. WTF. Start acting like a startup entrepreneur and stop using shareholder money.
An example is Clover Health. The company has never had a profitable quarter. Burning cash. They pay their board members $50K/year cash base + up to 20K based on committee. In addition, they receive, $200K in RSUs. Some Clover board members were paid more than ExxonMobil board members. WTF
In 2022, the old Clover received 16M shares, 20% vest every 5 years. About $3M worth of stock vested in January for this guy. Andrew Toy became CEO in January and was awared 10M shares. On top of that they receive PRSUs if certain conditions met.
If a company gives adjusted EBITDA which excludes stock based compensation then, F them!
I'm not discounting what you're saying and I'm intrigued but can you post a link showing that? I usually avoid penny stocks but a small gamble might be worth it.Dan Scott said:
Here's a stock that can be worth a decent trade. BRDS - $0.13, $35M market cap.
Founder and chair of board bought 1M shares today. He owns over 10% of stock. The CEO bought 200,000 shares yesterday.
They' say they will be cash flow positive in 2023 and identified $20-30M in cost savings. This stock was $9 in December 2021 lol.
Quote:
he funding strengthens Bird's liquidity position, and further enables the company to achieve its expectations of $15 to $20 million in adjusted EBITDA and $5 to $10 million in free cash flow this year. The new funding comes from a variety of new investors into Bird Global.
The company expects to raise up to $10 million of additional funding as part of this round, as a result of additional investor interest.
Natural gas made a strong move after dipping below $2. That was a treat. Seasonality reverses here as storage begins to fill. pic.twitter.com/0P6sAZy3LC
— doppel (@doppel_ichi) February 23, 2023
Yeah we've seen two or three companies in BCS offering scooter or bike rentals. None seem to last long before abandoning the market.deadbq03 said:
Thanks for sharing. I hadn't even considered them as something to invest in. I live in Abilene and there's a fleet here in town.
Diving in, I think it's largely a misnomer that they're in the Industrials sector. They're really an e-business. Theoretically they sell the vehicles at-cost to local operators, and then they share revenues with the operator. So their profit doesn't come from the vehicles, but from the service.
It's an interesting business model, but I've questioned the viability of it. I rarely see them in use, and when I do, it's kids having fun, not anyone actually trying to commute. I do have a friend who's a prof at ACU who's used it occasionally to go home and back when she doesn't want to lose her parking spot (and she lives about a mile from campus so that's a viable trip).
I've seen my local operator once… loading/unloading them. I assume he has to take them somewhere and charge them occasionally because the things themselves only have a tiny solar panel on them, which I imagine is only used to keep the electronics charged (in particular, the anti-theft portion). There's no way it could charge the drivetrain battery on such a small solar panel. Seems like an interesting side-gig, but one that takes a ton of capital investment for minimal profit.
EIAFarmer @ Johnsongrass, TX said:API says...Farmer @ Johnsongrass, TX said:When I wrote that original post 5 days ago, March 16th, it was $108 as a target but I didn't type it.cjo03 said:Farmer @ Johnsongrass, TX said:From 5 days ago.Farmer @ Johnsongrass, TX said:
I'm not watching all O&G, but the one's I'm watching are green, except for XOM. I've been preaching XOM manipulation along with WTI & Brent. Okay, if you don't buy off on conspiracy or manipulation, just consider it luck that everyone else is buying all other O&G's and totally missing XOM....a real diamond in the rough...a hidden gem... You might consider buying.
I hope somebody jumped on this.
Paging Benelli M4 Single Shot, brother I hope you hung on to PXD.
what is your current XOM target this round? you've been nails over the past year.
HOWEVER,...
XOM 65 Day Moving Average Volume was 16 million
On Friday, March 17th, the Regular Session Volume was 43.2 million (there was a 21 million share volume adjustment 8 minutes after the closing bell). The After Hours session ended with 5.95 million volume.
Yesterday, March 20, the Regular Session Volume was 32 million with After Hours session at just under 2 million.
All this took place in an upward price moving market. - Bullish - Frankly, I don't know what the hell took place but it's bullish. Somebody got Long and someone exited.
For this week, I'm keeping $108 as the conservative target and potential to move to $110/$112. We are getting close to month end and may see some setback (maybe) at month end.
Between today and month end,...if API numbers today and EIA numbers tomorrow, both show significant draws, that high end of my range is very doable. We should see significant draws in both sets of numbers.
Hope this helps.
Crude = +3.3M
Cush = -0.8M
Disty = -1.9M
Gas = -1.1M
Big 3 draw of about 0.5M in building season
The 20 China Super Tankers for March crude loadout in the U.S. are starting to show up. That's 2 million barrels per vessel.
Moo!