Swift Energy (SFY)

[dan_s]

Read what this guy has to say about SFY, then read my recent profile on the company.

http://seekingalpha.com/article/1088031 ... urce=yahoo

The share price got hammered when they announced some difficulty getting a couple of their Eagle Ford wells completed and a reduction in their capital program. IMO the market oversold on what I thought was not that big of a deal. Based on my forecast, SFY is now trading at just 2X my 2013 CFPS forecast.

SFY is up 6% today.

[setliff]

in the past week sfy has had another selloff with very high volume. does anyone know why?

jim

[setliff]

blackrock has aquired >8% of sfy.

Form SC 13G/A SWIFT ENERGY CO Filed by: BlackRock Inc. 02/01 10:45 AM

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http://xml.10kwizard.com/filing_raw.php ... ge=8688030

Filed on: February 1, 2013

[bearcatbob]

In addition to SFY being one of our favorites it is rated 4* by S&P and is out perform rated by RBC. With the current price around $15 there appears to exist a good opportunity to play this one via short $15 puts.

Bob

[setliff]

bob, can you elaborate? if you are bullish, why not buy equities or calls?

also, can you explain what you mean by "short ---puts"?

[par_putt]

Maybe with all the recent small oil companies stock being purchased by Blackrock, we should be purchasing Blackrock stock.

[bearcatbob]

bob, can you elaborate? if you are bullish, why not buy equities or calls?

also, can you explain what you mean by "short ---puts"?

Well - the market is in a very elevated point. If I short - meaning sell puts - I can get cash now - and if SFY falls - I get assigned below the current market price. I want to buy stuff cheap. If it runs away from me - well great - I simply pocket the put premium.

Bob

[setliff]

ah so, thx

jim

[dan_s]

Selling Put options on the dips is a good idea. Just be sure you are OK buying the shares at the strike price. I do it a lot.