RE:RE:RE:RE:RE:14.6 Million BOE/DAY Draw - EIA ReportLOL @ "poo view"
What an apt way to describe somone who lives in a bubble and smears his feces all over it.
Inside the bubble everything looks rosie.
Outside the bubble? Well..."poo view"
Do you have a price target on that 12 month takeout for KEL Trapped?
GLTY
Trapped wrote: I don't trade on margin either. After all, this isn't a casino.
Actually, I don't trade much at all. Set it and forget it with periodic rebalancing. I'll have to deal with the tax man at some point, but it's the best kind of problem to have if you're an investor.
I agree that Kelt will most-likely be taken out within the next 12 months.
MyHoneyPot wrote: Not at all concern because i trade on value and don't use Margin, so i will never have a Margin Call, and I understand the intrinsic value of the shares, in my POO view of the world.
I expect the worst case, not the best case that management provides/forcasts because of operational difficulities that they always encounter, some contigency.
I look at Kelt this way, they produced slightly less than 31,000 boe/day in Q2 and will likely exit close to 50,000 boe/day year end (their words). That is more than a 60% increase in production if it happens, lets say they exit at 40,000 boe, that is still at 30% increase in production, do you think that will move the stock. It has to or all other stocks in the market would have to come down a lot more.
I can't time the market but i can actively respond to it and actually sit on cash that i use to buy on down days.
Thanks for your concern..
MHP
IMHO