First post of the day on DGTD. Check in the the psych doc buddy.
First post of the day on DGTD. Check in the the psych doc buddy.
Jumanji wrote:
Not James wrote:
You were trying to be funny but it fell flat. No need to get all whiny.
I ask a question and you think that’s being whiny? Time to put on your big boy pants, Mr. Sensitive.
What did I tell you about this constant whining?
Ian Anderson must have had you in mind when he penned the lyric "the endless whining sound".
Wut dud I tell you wrote:
Jumanji wrote:
I ask a question and you think that’s being whiny? Time to put on your big boy pants, Mr. Sensitive.
What did I tell you about this constant whining?
Ian Anderson must have had you in mind when he penned the lyric "the endless whining sound".
And you for Aqualung.
Ghost of Igloi wrote:
First post of the day on DGTD. Check in the the psych doc buddy.
So you confirm that K5 is the one siding with you. That’s an incredibly unholy alliance, yet no surprise given the characteristics you share. You two deserve each other.
Gruntz wrote:
Ghost of Igloi wrote:
First post of the day on DGTD. Check in the the psych doc buddy.
So you confirm that K5 is the one siding with you. That’s an incredibly unholy alliance, yet no surprise given the characteristics you share. You two deserve each other.
Strange pronouncement from a sick person.
Parental unit wrote:
Ok, children. It’s time to turn the thread back over to the adults.
Bump
i usually pay more attention to the adage 'sell in May and go away' but with this year being so volatile, i'm thinking this is the least of the market forces to be heading.
I think my stocks have already announced earnings. Not sure what else to watch for this week/month.
Interested in how Goldman Sachs starting a bitcoin trading desk will impact that crypto. Thinking positive things there for appreciation of bitcoin.
Jumanji wrote:
Wut dud I tell you wrote:
What did I tell you about this constant whining?
Ian Anderson must have had you in mind when he penned the lyric "the endless whining sound".
And you for Aqualung.
It really must sick for you lacking any original ideas.
Bitcoin like Tesla has no intrinsic value. Both are products of Central Bank liquidity all everything bubble just the worst examples.
https://www.zerohedge.com/news/2018-05-06/why-one-hedge-fund-thinks-tesla-worth-0-full-presentation
Must Suk wrote:
It really must sick for you lacking any original ideas.
Yes it really does sick.
Ghost of Igloi wrote:
Gruntz= Portia, K-5 Detector, Oh, Snap!, Go Pats, Irony Mann, and dozens of registered/unregistered handles. Truly a sick loser.
I’ve asked you before why you include me in these posts, yet you cannot answer. Please keep me out of this.
Ghost of Igloi wrote:
No, the market peaked months ago. Where have you been?
With 3 years apparently being a reasonable time frame for predictions, I disagree.
I think a new peak is still to come. For sure before a 60% drop.
mellon wrote:With 3 years apparently being a reasonable time frame for predictions, I disagree.
I think a new peak is still to come. For sure before a 60% drop.
I think to be fair to Igy, this thread needs to acknowledge that the US markets did, indeed, peak a few months ago and have been slowly dropping. I don't pretend to know what the future holds beyond today, and his 60% drop prediction has not yet come true, but the momentous bull has surely slowed, at the very least.
The market goes up, the market goes down, repeat.
Maybe the air will be let out of the market, very slowly,l over a 5-7 year time span.
Ghost of Igloi wrote:
2017 CHK annual report:
Liquidity Overview
Our ability to grow, make capital expenditures and service our debt depends primarily upon the prices we receive for the oil, natural gas and NGL we sell. Substantial expenditures are required to replace reserves, sustain production and fund our business plans. Historically, oil and natural gas prices have been very volatile, and may be subject to wide fluctuations in the future. The substantial decline in oil, natural gas and NGL prices from 2014 levels has negatively, and will continue to have, affected the amount of cash we generate and have available for capital expenditures and debt service and has had a material impact on our financial position, results of operations, cash flows and on the quantities of reserves that we can economically produce. Other risks and uncertainties that could affect our liquidity include, but are not limited to, counterparty credit risk for our receivables, access to capital markets, regulatory risks, our ability to meet financial ratios and covenants in our financing agreements and the availability of lenders’ commitments as a result of regulatory pressures in the lending market.
As of December 31, 2017, we had a cash balance of $5 million compared to $882 million as of December 31, 2016, and we had a net working capital deficit of $831 million as of December 31, 2017, compared to a net working capital deficit of $1.506 billion as of December 31, 2016. As of December 31, 2017, we had total principal debt of $9.981 billion, compared to $9.989 billion as of December 31, 2016. As of December 31, 2017, we had $2.888 billion of borrowing capacity available under our senior secured revolving credit facility, with outstanding borrowings of $781 million and $116 million utilized for various letters of credit. Based on our cash balance, forecasted cash flows from operating activities and availability under our revolving credit facility, we expect to be able to fund our planned capital expenditures, meet our debt service requirements and fund our other commitments and obligations for the next 12 months. See Note 3 of the notes to our consolidated financial statements included in Item 8 of this report for further discussion of our debt obligations, including principal and carrying amounts of our notes.
Even though we have taken measures to mitigate the liquidity concerns facing us for the next 12 months, as outlined above in Overview of 2017 Results and Business and Industry Outlook, there can be no assurance that these measures will be sufficient for periods beyond the next 12 months. If needed, we may seek to access the capital markets or otherwise refinance a portion of our outstanding indebtedness to improve our liquidity. We closely monitor the amounts and timing of our sources and uses of funds, particularly as they affect our ability to maintain compliance with the financial covenants of our revolving credit facility. Furthermore, our ability to generate operating cash flow in the current commodity price environment, sell assets, access capital markets or take any other action to improve our liquidity and manage our debt is subject to the risks discussed above and the other risks and uncertainties that exist in our industry, some of which we may not be able to anticipate at this time or control.
Up over 7% since this posting. The DGTD contrarian indicator strikes again! Thanks, Igy!
Learn some English wrote:
Must Suk wrote:
It really must sick for you lacking any original ideas.
Yes it really does sick.
Says the guy who does not understand what a typo is. Or pretends not to.
The voice of reason wrote:
The market goes up, the market goes down, repeat.
And this helps an investor how?
The guy who wrote:
Learn some English wrote:
Yes it really does sick.
Says the guy who does not understand what a typo is. Or pretends not to.
Says the guy too lazy to proofread.
wut I think wrote:
I think to be fair to Igy, this thread needs to acknowledge that the US markets did, indeed, peak a few months ago
Fair? Let's be fair and acknowledge his comments a few months ago about a major collapse did not happen. Or for that matter, a year ago, 2 years ago, 3 years ago.