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Exact same junk happened when they released 2Q earnings. They missed their 2Q estimate, and the stock price dropped over 7% on the day of the release (Aug. 7), and the message board filled with goof balls who guaranteed that ATPG was going back down to $5 or less, and that the company was going bk. And the stock price then rose from $7.68 straight up into the $20s.
Here we go again. They keep moving to, and passed major milestones in their expansion plan successfully, on time. People will chill out about 3Q results quickly, and the share price will keep steadily moving toward its PV-10 value of $70-$100+ (assuming an average oil price of $60). In 3Q 2009, ATPG was one of the very best performing stocks in the world, and the people who are now guaranteeing the stock will drop are the exact same clowns who guaranteed it would drop in August after the last earnings release. Hopefully, you didn't listen to them last time. Do yourself a favor and don't listen to them this time either. Johnnywilkes just posted that he does not expect Telemark to start producing until 4Q 2010...that is possibly dumber than when he said Enron made most of the hurricaines in the gulf. The only way I can think of that he could be right with his 4Q2010 prediction would be if Cuba launched a sneak attack against the US and happened to strike the Titan, or if the Titan had a fluke collision with a supertanker or an aircraft carrier. Don't listen to these nut jobs. Do yourself a favor. Rating :
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Same board garbage as last qtr
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itsthehorn |
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7-Nov-09 02:25 pm | ||
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Good post...sometimes it is hard not to get sucked...
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trader1068 |
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7-Nov-09 02:28 pm | ||
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Since we're identifying patterns, here are two mor...
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ethangrrtt |
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7-Nov-09 02:32 pm | ||
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I am ok with that if the stock price goes up ...
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itsthehorn |
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7-Nov-09 03:30 pm | ||
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I understand your point. Here's mine:
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ethangrrtt |
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7-Nov-09 06:42 pm | ||
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I understand your concern to some d...
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contrbe |
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7-Nov-09 08:03 pm | ||
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You are right, and they delayed the...
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miletius |
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7-Nov-09 08:08 pm | ||
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I do understand and experience...
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ethangrrtt | (1 Rating) | 7-Nov-09 09:18 pm | ||
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You can rest assured that stockhold...
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johnnywilks... | (2 Ratings) | 7-Nov-09 09:36 pm | ||
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Guys, come on. When they refe...
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itsthehorn |
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8-Nov-09 04:38 pm |
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