Sintana Energy Inc V.SEI

Earnings

[Theonewhostocks]

Are we expecting much from their upcoming earnings report? Could see a big correction to these gains a week from now.

[kmapp]

Are investors looking backwards at SEI and what they made or looking forward at what they are about to make, that's the $64,000 question? GLTA kmapp

[Kadiddelhopper]

In the case of Sintana , the Market is looking forward that is evident today particularly, and Investors should do likewise.

[kmapp]

I thought my answer was obvious, should have provided mine......looking forward GLTA kmapp

[thorgb1]

Earnings? Clueless comment, lol. 

[Theonewhostocks]

I'm just saying that usually a poor balance sheet, lots of debt and a bunch of forward looking statements are usually enough to tank a stock. It can sometimes be beneficial to buy in after the initial sell off from those looking to make a quick buck. 

[Kadiddelhopper]

Good points and somewhat valid in most cases, while the circumstances of SEI are somewhat irregular at present in a good way, I might add.. Go in easy I suppose and be prepared to ride it up , and not be afraid to take the occasional profit along the way as the story-line unfolds. At this price, how can anyone resist after so many years of stagnation?

[thorgb1]

You clearly don't understand SEI. The balance sheet is healthy, they cashed up in March $20M+ from warrant execution, have no debt, and are free carried on their key offshore blocks with Galp, Chevron, and soon Woodside. This is derisked to $3+ by just one 10B barrel of OIP discovery by Galp, which is likely to grow by billions of barrels more. The Saturn Superfan may hold 40B barrels of OIP