What are people thoughts on this one?
I am down about 10%, still holding on but thinking of bailing? wonders what other think?
What are people thoughts on this one?
I am down about 10%, still holding on but thinking of bailing? wonders what other think?
I don't know about the next 6 months.....
I hold long term [got back in, in the last quarter of 2011], but given its volatility, also trade the stock.
Project delays, gas prices, etc., have not helped this energy stock, but I like it long term.
2012 guidance summary:
http://seekingalpha.com/article/3187...all-transcript
Last edited by Toronto.gal; 2012-01-14 at 11:08 AM.
“Simplicity is the ultimate sophistication.”
When you look down the right column in the TLM stockchase page (link below), none of the analysts have much of a consensus. Very difficult to figure out - but - awesome price to buy as a value play...no?
http://www.stockchase.com/Company-sl...an--Energy.php
on the negative side: global properties too far-flung. Global footprint is messy. Too much gas. Large debt. Crappy options. Dumb pie owns shares. These are all negative factors
1. Billions in assets will be sold.Originally Posted by humble_pie
1. on the negative side: global properties too far-flung.
2. Dumb pie owns shares. These are all negative factors
http://www.upstreamonline.com/live/article297007.ece
2. Dumb gal owns shares too, so I'm definitely in good company.
“Simplicity is the ultimate sophistication.”
Severely undervalued; definitely a value play IMHO!
“Simplicity is the ultimate sophistication.”
It does look interesting and appears undervalued. I usually look for a better dividend than this one offers. Although there has been a certain amount of insider buying there has been net selling by insiders. Looks like some officers are buying and selling within a trading range. I'll continue to keep an eye on this but I think if I'm in the mood to take a bit of a "fly", I will opt for ECA over this one.
Just put a buy order in for a 2013 Jan C option 10.00 strike.
tlm options have historically been crappy. Sadly i speak from experience.
tlm is essentially a US co now - div in USD, share volume hi in US markets - so one would go to US options.
i'd have to doublecheck everything but i think if one really wanted to put on a bullish gassy option play one would go to eca or chesapeake ...
I don't have six months to wait. But I think it's a good buy around $12.
I'll be looking to get out tomorrow if the markets are pointing downward.
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