Author Topic: Stocks  (Read 687095 times)

Offline ilherman

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Re: Stocks
« Reply #1660 on: March 07, 2016, 10:59:48 AM »
 :D :D :D :D :D :D :D :D :D :D :D :D :D :D :D :D :D :D :D :D :D :D :D
You can say what you think when you think what you say.

Offline Centro

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Re: Stocks
« Reply #1661 on: March 07, 2016, 11:22:38 AM »

Offline mendy from lakewood

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Re: Stocks
« Reply #1662 on: March 07, 2016, 11:56:07 AM »
Wow. Thanks.... ORIG is up from .70 a week ago to 1.30 how nice...

Still, I bought at 1.54... Should I run out and take a small lose? Or it will go up even more?
did you end up keeping ORIG? I see it went up today...
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Offline ExGingi

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Re: Stocks
« Reply #1663 on: March 07, 2016, 01:38:00 PM »
:D :D :D :D :D :D :D :D :D :D :D :D :D :D :D :D :D :D :D :D :D :D :D
I am happy for you that you are above break even.

Here is why I think odds at trading ORIG might be worse than at Atlantic City.

From today's quote:
Today's Open   $1.47
Previous Close   $1.29
Day's Range   $1.34 - $1.67 - that's a $0.33 range on approximately $1.50 stock
52 Week Range   $0.6601 - $9.52 It's close to the bottom, need to ask what's going on. Contract cancellations
Average Volume (10 Day)   1,694,657 That's tiny volume and easily RIGGED (pun intended)
Market Capitalization (Micro Cap)   $178.9M
Enterprise Value   $4.0B
Shares Outstanding   138.7M

To sum things up, if you made a profit I am very happy for you. Could it go up more (even double or triple)? Very easily if manipulated properly. What's the intrinsic value? I don't know, and very hard to tell in the current oil market.

Also, market cap it tiny compared to "Enterprise Value" (don't know where they got the $4.0B figure from). With a little bit of a sustained recovery in the share price, they issue more shares, bringing it back down again.
I've been waiting over 5 years with bated breath for someone to say that!
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Offline ilherman

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Re: Stocks
« Reply #1664 on: March 07, 2016, 01:43:48 PM »
did you end up keeping ORIG? I see it went up today...
YES!

I am happy for you that you are above break even.

Here is why I think odds at trading ORIG might be worse than at Atlantic City.

From today's quote:
Today's Open   $1.47
Previous Close   $1.29
Day's Range   $1.34 - $1.67 - that's a $0.33 range on approximately $1.50 stock
52 Week Range   $0.6601 - $9.52 It's close to the bottom, need to ask what's going on. Contract cancellations
Average Volume (10 Day)   1,694,657 That's tiny volume and easily RIGGED (pun intended)
Market Capitalization (Micro Cap)   $178.9M
Enterprise Value   $4.0B
Shares Outstanding   138.7M

To sum things up, if you made a profit I am very happy for you. Could it go up more (even double or triple)? Very easily if manipulated properly. What's the intrinsic value? I don't know, and very hard to tell in the current oil market.

Also, market cap it tiny compared to "Enterprise Value" (don't know where they got the $4.0B figure from). With a little bit of a sustained recovery in the share price, they issue more shares, bringing it back down again.
I have a sell order at 1.69... Lets see.
You can say what you think when you think what you say.

Offline Centro

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Re: Stocks
« Reply #1665 on: March 07, 2016, 01:47:43 PM »
I have a sell order at 1.69... Lets see.
I have at $2.10 :P

Offline ilherman

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Re: Stocks
« Reply #1666 on: March 07, 2016, 01:55:56 PM »
I have at $2.10 :P
How long are you holding ORIG for?
You can say what you think when you think what you say.

Offline Centro

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Re: Stocks
« Reply #1667 on: March 07, 2016, 02:00:52 PM »
How long are you holding ORIG for?
What's your question, where I got in at or when I'm planning on selling it?

Offline ilherman

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Re: Stocks
« Reply #1668 on: March 07, 2016, 02:02:02 PM »
What's your question, where I got in at?
yes.
You can say what you think when you think what you say.

Offline Centro

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Re: Stocks
« Reply #1669 on: March 07, 2016, 02:04:16 PM »
1.08

Offline ExGingi

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Re: Stocks
« Reply #1670 on: March 07, 2016, 02:53:48 PM »
YES!
I have a sell order at 1.69... Lets see.
Good LUCK!
Might approach you for a donation (or at least a gemach) after you sell  ;)
I've been waiting over 5 years with bated breath for someone to say that!
-- Dan

Offline mendy from lakewood

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Re: Stocks
« Reply #1671 on: March 07, 2016, 03:04:21 PM »
Good LUCK!
Might approach you for a donation (or at least a gemach) after you sell  ;)
it seems like you know how much stock he has in there for all you know he had 10 shares!
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Offline ExGingi

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Re: Stocks
« Reply #1672 on: March 07, 2016, 03:07:43 PM »
it seems like you know how much stock he has in there for all you know he had 10 shares!
And that (having 10 shares of ORIG) is PRECISELY the reason I would approach him for a gemach!
I've been waiting over 5 years with bated breath for someone to say that!
-- Dan

Offline ilherman

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Re: Stocks
« Reply #1673 on: March 07, 2016, 03:21:52 PM »
And that (having 10 shares of ORIG) is PRECISELY the reason I would approach him for a gemach!
ALOL

I actually have slightly more.....

https://gyazo.com/a3cc5ff0ad1a921dac2700e777670cf4
You can say what you think when you think what you say.

Offline mendy from lakewood

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Re: Stocks
« Reply #1674 on: March 07, 2016, 04:04:26 PM »
"Respect is earned, Honesty is appreciated, Trust is gained, Loyalty is returned"

Offline ExGingi

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Re: Stocks
« Reply #1675 on: March 07, 2016, 04:43:45 PM »
ALOL

I actually have slightly more.....

https://gyazo.com/a3cc5ff0ad1a921dac2700e777670cf4
Now let's put that position size into perspective.

If you were to own the same percentage of the outstanding shares of XOM, as you own of ORIG, that would give you a little less than 30,000 shares of XOM!
I've been waiting over 5 years with bated breath for someone to say that!
-- Dan

Offline ExGingi

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Re: Stocks
« Reply #1676 on: March 07, 2016, 09:09:46 PM »
I've been waiting over 5 years with bated breath for someone to say that!
-- Dan

Offline Mordyk

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Re: Stocks
« Reply #1677 on: March 08, 2016, 06:27:59 PM »
I have at $2.10
I hope you bailed out...
#TYH

Offline ExGingi

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Re: Stocks
« Reply #1678 on: March 08, 2016, 07:24:41 PM »
I hope you bailed out...
Remember:
  • No one ever lost money taking a small profit
  • Annualize returns to put returns into perspective
I've been waiting over 5 years with bated breath for someone to say that!
-- Dan

Offline Adam101

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Re: Stocks
« Reply #1679 on: March 09, 2016, 08:25:06 PM »
Straddling stocks is the way to go IMHO . Win win. Almost no risk.