by Travis Johnson, Stock Gumshoe | July 18, 2014 4:01 pm
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HK is on McDep Oil and GAS Investment Research Report for years
http://www.mcdep.com
It is on hold right now.
But DMLP is still a buy. I know Travis owns this one also.
Travis, I own RYN for more than a 10 years, it is very profitble for me. It is a ” SWAN ” stock.
I do have a different view of RYAM from you. I keep this spun off, may be as long as RYN. After I have read a piece from WSJ or Barrons, I do not know exactly which one, the author said that RYAM is in the high growth area, it is very difficult to complete in this area of business, beause the entry barrier is high and expensive, there are only 2 other companies do the same thing,
I think one company I know of is GP. And the whole managment team jumk ship to RYAM. Because of this reason, I keep my 1000+ shares of RYAM. So far the stock price still inches up, May be this is another ” SWAN ” STOCK? What do you think?
Yin, RYAM is a producer of specialty cellulose fibers. and can produce almost 700.000 metric tons per year. Celluose is used in many different products; it’s biggest use is in fabrics (it’s similar to rayon) and in thin plastic sheets. I think that it is mostly made from trees. If that is true, I don’t believe that entry into the buisiness would be that expensive.
— and it presents the possibility of a short squeeze if there ends up being positive news from Promacta or Kyprolis sales.
What do you mean by this? Do you mean, buy now at 52, then when earnings report comes out Aug 4th, if favorable, stock may go back up to 65? Then sell to make quick profit?
I mean that if results are better than expected and the stock rises, there are enough short sellers that it’s possible that the move up will be amplified by their need to “buy to cover” to cut losses. I’m not suggesting that anyone should make any specific trades, nor am I planning to trade it personally because of a possible short squeeze — short squeezes are not easily predicted in either timing or velocity, it depends on what the company says and whether sentiment shifts back to the positive for Ligand… which is why I am simply waiting to see what LGND says, particularly about Promacta and Kyprolis sales.
I’ve posted a chart of the HG Intermediate Term Trend Model in my Public Chart Library: http://www.allantrends.com/category/public-archives/
Although HK is currently working off it’s YTD rally that essentially doubled in price, it doesn’t appear quite ready to resume it’s uptrend. When it does, HK can see another 50% or better run.
I would to know what your thinking on NQ Mobile Inc is
Haven’t put any time into understanding them, but it’s like most of the Chinese short-seller targets of several years ago — if the fraud allegations are correct, the stock could go almost to zero; if Muddy Waters is wrong and the company is telling the truth then it’s really cheap. Betting either way without making yourself an expert on both sides of the argument is just like playing a slot machine — and I’ve certainly not made myself an expert on that one.
Rayonier’s dividend came down more than I expected following the split — a special dividend of 50 cents will soften the blow, but now the “normal” dividend will be $1.20 a year, which will presumably grow. That means for the coming 12 months the effective yield will be 4.8% (1.20 + .50 special dividend, $35 share price) but without the special div the forward yield will be 3.4% if it’s just the $1.20 (plus whatever dividend growth, if any, they can generate next year). So I expect there may well be a bit of a sell-off following the July 31 ex-div date for this special dividend, I would likely have been better off postponing my add-on buy of RYN shares by a few weeks. But you never know, that’s just my guess.
Does anyone know why ewpmf is crashing?
As far as I have seen, no big news — drilling and production continue to be a bit blah, but not terrible, and they are generating cash to pay for continuing drilling. Not a peep out of their Romania joint venture, which is taking a lot longer than expected to sink a drill bit, and I expect the company is also an attractive “tax loss” sale candidate for
many investors — add all that to collapsing oil prices and evaporated interest in junior commodity stocks of any kind these days, and it’s a nasty cocktail for East West. I still hold some shares, personally.
Thank you Travis for sharing your thoughts.