ATPG

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setliff
Posts: 1823
Joined: Tue Apr 27, 2010 12:15 pm

ATPG

Post by setliff »

where the hell is the bad news?? :evil:
bearcatbob

Re: ATPG

Post by bearcatbob »

Where is the bad news? Surely you jest sir?
maxchch
Posts: 3
Joined: Thu May 06, 2010 3:20 pm

Re: ATPG

Post by maxchch »

There must have been some. I bought at $16 and it kept falling....
setliff
Posts: 1823
Joined: Tue Apr 27, 2010 12:15 pm

Re: ATPG

Post by setliff »

bearcatbob wrote:Where is the bad news? Surely you jest sir?

nope--what's your perseption? what did u see bad? serious here.
dan_s
Posts: 34470
Joined: Fri Apr 23, 2010 8:22 am

Re: ATPG

Post by dan_s »

Actually, ATPG's 1st quarter results were better than I had forecast.

I was on the road in Dallas all day today so I just had a chance to go over the ATPG report. I will listen to their conference call in the morning and update my forecast model accordingly.

Everyone should have known the Q1 results were going to be a small loss. They just picked one heck of a day to announce it.

Telemark and the Canyon Express are now on-line and it will only take four wells to bring Telemark to capacity (over 35,000 boepd). ATPG's production will more than double by the 4th quarter so hang tough.

More details tomorrow.

Dan
Dan Steffens
Energy Prospectus Group
par_putt
Posts: 565
Joined: Tue Apr 27, 2010 11:51 am

Re: ATPG

Post by par_putt »

UPGRADE: ATP Oil & Gas (ATPG) upgraded by CapitalOne southcoast from Neutral to Add. 05/07 09:20 AM

But I also just looked at a 3 month candlestick plot of the DOW and it definitly took me out of the buying mood. (MACD)
Maybe this afternoon if we get pounded with a Friday afternoon sell off. I did pick up a little TGA this morning.
geneb

Re: ATPG

Post by geneb »

Added today anmd sold Oct covered calls, premiums are great.
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