bigmoneytomorrow.Asianstockmarketsarestrong,USfuturesaresoaring.Mydepressingweekendisgoingtoendupwellforme.EvenifAtpgisnotuptomorrow,myotherholdingswillgoupifmarketwillindeedturnouttobestrongtomorrow,thenitwillbemucheasierformetoholdmymarginpositionsuntiltheendofthismonthwhenthegoodnewsissupposedtoberealizedbefore.(ATPGMC754#3wellcomesonlinebytheendofQ3)
Waiting,waiting,andwaitingistorturing.B...[
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BKplan,sothereisindeedriskofbeingwipedoutinabk.[
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Iwasoutoffund,Iwasheavilyconcentratedonatpg,SDhasbeencomingbackprettystrong.
UShasstartedtoexportNG,NGpricewillnotbehighmuchintheshortterm:
http://online.wsj.com/article/SB10001424052748704644404575482290198119482.html
PleaserememberthatSDisnowanoilcompany,thatiswhyIstartedapositioninSD.[
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yesterdayboughtat11.96.IhavemadesomuchonatpgalreadythroughDT,atpgissovolatile,muchbetterthanabkandmbibefore.[
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1.abkisseekingprepackagedbankruptcyprotection,prepackagedBKplanneedsshareholderapproval,thisimpliesthatabkwillnotgoto0,otherwiseshareholderswillnotapproveit.
2.Monthsago,abksuccessfullyexchangedsome20(?)millionsdebtintocommonstocksatapricearound1.5.ThedebtmaturesQ2nextyear.ThereasonforcurrentprepackagedbkplanistoavoiddefaultonthedebtwhichmaturesQ2nextyear,ifsomedebtowneriswillingtoconvertdebti...[
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atpgcontinueitsclimbinadownmarket,reallyenjoythemoment.Ihavesoldputsonatpgat10and11forSept,thereare9moretradingdaystogoforSept,ifIdidnotsellanything,Iwillsellthe12put,butIcouldnotbetoogreedy.waitingforthefollowing3thingsintheshorttermforatpg:
1,thewellcomestoproductionthismonth
2,monetizationoftitanplatform
3,somegoodnewsonliftofdrillingban,(BPisgoingtokillthewellforgoodthisweek).
...[
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boughtat49.51on2007-07-10.Wow,ithasbeen3yearsalready,timegoesreallyfast.Istillremembervividlyhowakambrokeoutfrom17to19on10timesvolumeon2005-11-22,Iwashesitating,hesitating,eventhoughIhaveknownthestoryforsometime.Iwatchedthetrainacceleratingaway.Iwasinpain.Iblamedmyself,Iagonizeduntilthenextquarterlyreport,thistimeIcaughtthetrainat22and23on2006-02-08.IhopeIwillbeabletosmilewhenlookingbackin10yearso...[
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haha,
ME\'srigexploded80milesoffcoast,whenIsawmyatpgdiving,Isearchedthenews,knowingME\'srigexploded,myheartsankasATPGplunge,thenIsawME\'sstockdropaslowas19.62andwasbackat22.3atthattime.Iboughtalittlemoreatpgat11.27,nowatpgisat11.45.stillwatching.[
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Ilovethisguy/girl:whogoesbynameslike:canadianvalue,swizzledxx,swizzledatdifferentsites.IsoldanotherlotofputsyesterdayafterIreadthefollowingarticlebyhim/her.Ineedeverybullishdoseinthetryingtimeswhenatpgisstrugglingaround50dmv.Withthat,Iwillintroducetoyouthewonderfularticleonatpgasfollows:
http://www.gurufocus.com/news.php?id=105495
ATPOilandGas–Almost50%ofFloatisShort,ShortSqueezeStartsinS...[
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Ihaveboughtakfalotoftimesforthelast2years,from2.3to7.3.At2.3,thedivrateisabout65%,howcoolisthat?akfisabk\'sseniordebt,whileabkisseekingprepackagedbkprotection,IstillbelievethatIwillbetthecomingdividend.Theex-divdateisabout10daysaway.Forthelastquarter\'searningreport,peoplewerefocusingonthepotentialBKnews,whileignorethedramaticfundamentalimprovementonitsdebtsituation.
Anyway,dangerous,donotfoll...[
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