BCE.to
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Fri, 01/27/2012 - 11:05
Bought 300 BCE.to on the big dip at 40.25
yielding 5.2 %
Fits all my criteria and I have been trading this for a year now
looking for the old highs around 43, and picking up the dividend in march would be nice as well
Cannot find any reason for the sell off , earnings are in 2 weeks but should be ok based on my tracking, what worries me is that someone knows something I do not know, but there is always something to worry about,we trade the uncertain zone with a best guess
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Fri, 01/27/2012 - 14:58
#2
Hedge Funds buying RES
Fri, 01/27/2012 - 16:48
#3
yep, coulda woulda shoulda ,
yep, coulda woulda shoulda , 3 of my best friends, I am trying to divorce these guys
good luck on the trade
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I've really loaded up on this one, not because of the chart, but because of Fundamentals on this company. The chart does suggest a bottom(?)(I think? just what do I know)---my reason--- An announced 3:2 split in March, an increased dividend as well. Record earnings.
Carbo Ceramics (CRR), expensive, just got hit the same way. I view it as cheap now. But, I hate to spend money on $100 stocks.---Seems like a company named AAPL I used to trade around $15 is doing quite nicely in the ++$100 category.
RES got 2 downgrades from investment firms, help from a bank of short sellers someone else mentioned, and you get opportunities(?). I don't understand downgrades on companies like this. Even availability of fracking supplies right now is super tight.---the pookie they pump down the drilled hole is an impermeable sand. Yep, short supply. They can't keep up. So, they don't make as much money as they could if sand supply, etc., was available? It doesn't make sense to downgrade here.
Perhaps their biggest sin is their inability to keep up with demand. They are 6 months behind in hydraulic fracturing of drilled wells locally. Fracturing packages are being built, but meanwhile their not keeping up has resulted in record earnings. Just what's not to like? Maybe Obama is going to shut down hydraulic fracturing? Suspect he would if he could.
Like you Steve, I worry about the woulda, coulda, shoulda's./jimo