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Thread: Wild-Assed 2

  1. #51
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    Here, we'll have better luck with Josh Groban...

    https://www.youtube.com/watch?v=Cgyy8u3zcf8

  2. #52
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    Bought a smidge of CRK. Fossil fuel investments aren't exactly the place to be these days but Jerry Jones and family gave a couple of properties to the company in August in return for 84% of the stock. A few days later on 9/4 he rang the opening bell on the NYSE and sat with the morning CNBC crew to talk about Ezekiel Elliott's new contract and pump his new company. In two weeks the stock went from 6 something to 10 something giving Jones a paper profit of 1/3 of a billion $. Now back in the low sixes it looked like a good buy. Latest 10Q shows tons of debt but a near break even despite low gas prices. Jerry is now looking at acquiring other properties from distressed gas producers. This is more a bet on Jerry Jones than CRK or gas. I figure he's smart enough to engineer a big profit out of the whole thing. Might take a while though.

  3. #53
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    Quote Originally Posted by Louetta View Post
    Bought a smidge of CRK. Fossil fuel investments aren't exactly the place to be these days but Jerry Jones and family gave a couple of properties to the company in August in return for 84% of the stock. A few days later on 9/4 he rang the opening bell on the NYSE and sat with the morning CNBC crew to talk about Ezekiel Elliott's new contract and pump his new company. In two weeks the stock went from 6 something to 10 something giving Jones a paper profit of 1/3 of a billion $. Now back in the low sixes it looked like a good buy. Latest 10Q shows tons of debt but a near break even despite low gas prices. Jerry is now looking at acquiring other properties from distressed gas producers. This is more a bet on Jerry Jones than CRK or gas. I figure he's smart enough to engineer a big profit out of the whole thing. Might take a while though.
    Good buy - I will watch you with this stock
    Tim - Retired Problem Solver

  4. #54
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    Li'l music. Illustrated Lady Of Shalott with lyrics below.

    https://www.youtube.com/watch?v=DRIHzr3Pxhc

  5. #55
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    Quote Originally Posted by Louetta View Post
    Well this thread isn't called wild-assed for nothing. You may recall I used to post about LOGG, at one time a small company trying to produce a small wear it on your ear type camera with which one could record all sorts of hairy adventures. They failed and six months ago the stock was trading at about $.005 (that is 1/2 of one cent). Since then they have re-incorporated from Nevada to Delaware, convinced creditors to trade in debt for stock in the re-incorporated company, brought their SEC filings up to date, have a new chairman and bought rights to the names of two products from PG, though God only knows what they are going to do with those rights. They still have no reported revenue but today for the first time the stock, if you can call it that, is trading at over $.05, otherwise known as 5 cents.

    I don't know what is going to happen, in fact I was wishing they would open a marijuana business, not work with PG, but at least PG is a legitimate company. At any rate the prospect that the stock will continue to rise makes my little heart beat faster than watching Tom Brady dismember the hapless Pittsburgh Steelers.

    The above from 9/9/19. Today LOGG filed two 10Qs on the SEC site, one for the September quarter and one for the June quarter (long overdue). In June they reported $3.2 million in revenue and lost 5 cents a share. In the latest quarter they recorded $4.4 million in revenue and made 5 cents. The stock gained 38% rising to a robust 10.5 cents. Clearly $4.4 million isn't a lot of money but they are at least threatening to become a viable company.

  6. #56
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    If you are a fan of Art Cashin here is his yearly Christmas interview at Bobby Van's at 25 Broad:

    https://www.cnbc.com/2019/12/19/art-...or-stocks.html

  7. #57
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    Louetta, I'd be happy to have half of Art Cashin's wits if I live that long.

    -----------------billy

  8. #58
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    Last edited by mimo_100; 12-21-2019 at 02:36 PM.
    Tim - Retired Problem Solver

  9. #59
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  10. #60
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